investment relations. Consequently, the degree of leverage among non-financial firms may have implications for macroeconomic …Private investment in advanced economies contracted sharply during the most recent financial crisis. Using firm …-level data from Denmark, this paper argues that the high leverage, which was build up by some firms before the crisis …

transmission of bank distress to the real economy-in particular, to real investment and labor employment by nonfinancial firms. We … supply downsize their real investment and labor employment significantly. This effect islarger for firms that are unable to …

How important are bank loans for corporate investment? A joint research paper by DIW Berlin, University of Hohenheim … their credit supply. As a consequence, firms have to downsize their investment spending and labor employment. This way, bank … distress spills over to the real economy. However, the reduction in investment is smaller than the reduction in banks' credit …

transmission of bank distress to the real economy - in particular, to real investment and labor employment by nonfinancial firms … supply downsize their real investment and labor employment significantly. This effect is larger for firms that are unable to …

The paper assesses the role of taxes on investment in Colombian firms. The analysis is carried out at the firm level … the statutory tax rates, tax credits and incentives for corporate investment. The effect of corporate taxation on … investment is estimated by first determining the impact of taxation on the cost of capital by computing the effective marginal …

and its gradual implementation, the ACE relief is estimated to reduce significantly leverage. By decreasing default risk …

its gradual implementation, the ACE relief is estimated to reduce significantly leverage. By decreasing default risk it is …

accounting data for 10 banks was taken from the Financial Statement Analysis by State Bank of Pakistan. Profitability … & Efficiency, Leverage, and Liquidity ratios were used to measure the financial performance, where pre and post ratio analysis was …

significant positive effect on contemporaneous firm profitability. However, short-term leverage, inflation rate, interest rate and …This study examines the determinants of firm profitability for 114 firms listed on the Nigerian Stock Exchange (NSE …) from 1998 to 2012, using the system Generalized Method of Moments (GMM). The results show that lagged profitability exerts …