I develop a dynamic model of investment timing in which firms must first choose when to search for external financing …. Search is costly and the arrival of investors is uncertain, leading to delay in financing and investment. Depending on … parameters, my model can predict simultaneous financing and investment or early financing prior to investment. Additionally, the …

Objective – This study examines the effect of financial reporting quality on financing and investment of 15 large … has positive effect on investment among companies with higher likelihood of over-investing and negative effect on … investment among those with higher likelihood of under-investing.Novelty – This research is complementary to previous researchers …

How do firms finance their investment? To what extent does the financing mix depends on the nature or the size of … investment? To what extent does the funding mix of investment vary along firm size? Relying on a unique database of firms … picture of the financial resources used by firms to finance their investment.We uncover significant cross …

In this paper, we explore the link between SME investment, firm economic characteristics, and the presence of financing … disaggregates investment by asset type and allows a granular assessment typically not present in the existing literature. Our … approach links investment to the marginal product of capital using a stochastic frontier model to explore, and measure, the …

effect on investment in training, but substantially reduce investment in physical capital. …

This paper uses a unique experiment conducted as part of the Investment Survey of the European Investment Bank (EIB) to … provide novel evidence on firms' preferences over loan characteristics and the relation between terms of credit and investment …

We examine firms' simultaneous choice of investment, debt financing and liquidity in a large sample of US corporates … affect the corporate decisions of unconstrained firms more strongly than those of constrained firms. Investment-cash flow … sensitivities are particularly intense for unconstrained firms with high hedging needs. Investment opportunities (as proxied by Q …