This paper addresses whether adopting good governance standards alleviates constraints on financing investment via … governance has a positive and significant impact on fixed investment. However, my findings indicate that for oligarch-owned firms … their governance might have a more significant effect on their fixed investment. Secondly, the absence of investment …

We develop a model of investment with financial constraints and use it to investigate the relation between investment … between q and investment, relative to the frictionless benchmark. We present a calibrated version of the model, which, due to … this effect, generate realistic correlations between investment, q, and cash flow …

How does improvement in corporate governance impact firms' financing policies and investment behavior? Using a reform …

subsequent decrease in real investment precisely in firms that invest too much. In support of the monitoring hypothesis, we show … influence on investment. We address the potential problem of endogeneity using the inclusion of a firm to the S&P 500 Index as …

Our research tests the difference in investment efficiency between state-owned enterprises (SOEs) and private firms and … then evaluates the effect of privatisation and equitisation policies on the investment efficiency of former state owned … spending. We find no evidence of investment spending being linked to marginal returns by SOEs across all sectors and size …

constraints, measured by the sensitivity of investment to cash flow. We develop two original corporate governance indices based on … standard investment regressions where the cash flow variable is interacted with our corporate governance indices and variables … of investment, particularly in firms with an outside controlling owner and in firms with low managerial ownership. In …

the last global financial crisis on the firms´ investment, considering its dependence of bank debt of institutions that …