investment efficiency, and whether spillover effects vary with competition. We focus on the tone of MD&A disclosures and document …We explore whether disclosures in the Management Discussion & Analysis (MD&A) have spillover effects for investment and … substitutable products. We obtain similar results for investment efficiency. Overall, our evidence suggests that MD&A disclosures have …

This study examines the impact of green and digital investments on the investment inefficiency level of European firms …. We define investment inefficiency as the deviation from the optimal investment level, which depends on both the net … present value (NPV) of the projects and the marginal benefit and cost of investment. Leveraging matched data from the European …

We investigate how geographic distance relates to corporate investment decisions (i.e., investment location and … ownership structure choices), using a setting of Taiwanese firms' investment in mainland China. We measure geographic distance …-in-difference research design. Our analyses show that greater geographic distance is associated with a lower investment likelihood and a …

the current year. Further investigated on every presence of foreign investment in the banking system, total assets- based … foreign investment also correlates positively with bank’s stability. Finally, a negative effect from market share of mobilized …

of certain foreign firms when investors on US exchanges have greater investment exposure in those firms …