framework of entrepreneurial firms’ investment and capital structure decisions with time-inconsistent preferences. We show that …). Time-inconsistent preferences delay investment under both all-equity financing and debt-equity financing. However, the … impact is weakened under debt-equity financing, because debt financing increases the payoff value upon investment and …

The equilibrium price, investment, and capital structure of a regulated firm are examined using a sequential model of …

of investment. We test these predictions using a sample of U.S. firms and present new evidence which supports our theory. …We build a dynamic model of investment and financing decisions to study the choice between bonds and bank loans in a … firm's marginal financing decision and its effects on corporate investment. We show that firms with more growth options …

This paper examines the investment and financial decisions of a sample of 92 EU regulated utilities, taking into … independence matters for both investment and financial decisions. Investment increases under an Independent Regulatory Agency (IRA … privately controlled. Finally political orientation does matter, as firm investment increases under more conservative (pro …

This paper introduces a discrete-time intertemporal investment model in which the flow of profits affects the risk …

The aim of this paper is to study the impact of the bankruptcy law on financing, investment, default and liquidation … decisions of firms. We build a model in which the firm has the opportunity to get into debt to finance an investment whose … uncertainty, the firm may default. The firm manager takes investment and default decisions in order to maximize the value of …