considered here may affect the sensitiveness of investment to cash flow. Large firms, stock market listed firms as well as firms …' size, our results corroborate the economic theory prediction and empirical international literature. Furthermore, the …

The purpose of this work is to verify the existence of financial constraints for investment in Brazil, an emerging …-cash flow sensitivity. Investment-cash flow sensitivity of financially constrained firms in Brazil is higher than that in the UK … market with growing international visibility. Using panel data methodology and GMM, we estimate dynamic investment models …

This paper aims to examine how shocks arising from Economic Policy Uncertainty affect corporate investment in Brazil … Exchange (B3). The results confirm the negative relationship between Corporate Investment and Economic Policy Uncertainty … is no evidence that Brazilian Economic Policy local metric affects Corporate Investment. Different robustness checks were …