the investment rate and the wage share of income in the long run. It is shown that a rising benchmark interest rate …

demand, i.e. investment, consumption and net exports. Since increasing shareholder power and shareholder value orientation of … important result is the emergence of 'profits without investment' demand and growth regimes, for which we point out the … variants of 'profits without investment' demand and growth regimes in finance-dominated capitalism. We review the different …

, as well as on the effects of increasing "shareholder value orientation" of management's investment decisions. An isolated … increase in the "shareholder value orientation" of management's investment decisions has a uniquely negative effect on capacity … investment and the saving function of the models. "Profits without investment", the "intermediate" case in both models, is a …

reasons that loose monetary policy targeting low interest rates will only be effective in promoting investment in a scenario … ineffective in fostering investment during the period 2008-2018. Therefore, monetary policy seems insufficient to promote … investment and growth. Both expansionary fiscal policy and legal reforms that control shareholder power are needed. …

From its publication in The Times in 1933, John Maynard Keynes’s investment multiplier sparked much debate and … controversy. Can an investment generate 3 or 4 times its value in income within one year? To date, no one has questioned the …

-constrained. -- Firm Size ; Liquidity Constraints ; Firm Growth ; Investment ; Gibrat Law …

This study examines the effects of product market competition on corporate investment and firm value and the moderating …, our results depict that product market competition significantly influences corporate investment and firm value in BRIC … competition on corporate investment and firm value at Brazilian, Russian, Indian, and Chinese firms. The study's findings …