This paper considers Google’s creation of investment value through its focus on technological advances that lead to job …-term investment. …

Limited liability debt financing of irreversible investments can affect investment timing through an entrepreneur … entrepreneur's unique investment opportunity, and it is shown in a standard model of irreversible investment that includes the … risks, and lowers the investment threshold. Compensating the lender for expected default losses reduces project …

The traditional marshallian rule of investing when the value of the investment is greater than its installment cost is … from the optimal timing of exercise of the investment and to "herd behavior" or informational cascades given that the …

In a frictionless milieu retentions should have no impact on investment behavior. However, empirical studies typically … find that retentions are an important determinant of investment. Managerial discretion and financial constraints are two … of retentions as a determinant of investment. Measures of Tobin’s Q, marginal q and sales accelerator are used to control …

consistent with the following features of popular investment advice <p> which have been pointed out as puzzles: (i) a decreasing … fraction of stocks in the <p> portfolio as time passes towards the investment horizon, and (ii) a higher bond to <p> stock … <p> to obtain a match between the optimal asset allocations and observed investment <p> recommendations for \aggressive …

exceeds its pre-liberalization mean by an average of 4.1 percentage points. Cross-sectional changes in investment are … stock growth in almost every specification; firm-specific changes in risk premia do not affect investment. …

effects, but its real impacts have not been studied extensively. We find that both country- and firm-level investment growth … marginal investment decisions are more equity-reliant. …

beliefs, regardless of his preferences, initial wealth or investment problem. It is also shown that no prior …

, regardless of his preferences, initial wealth or investment problem. It is also shown that no prior-independent informativeness …