During the last decade, exploring the link between financial factors and investment has become a major field of … changes of their internal financial flow. Andreas Behr explores the role of financial factors in a firm's investment decision …. He applies the Q-theory of investment to a unique database of German firms (the Deutsche Bundesbank's Corporate Balance …

Low investment rates are a puzzling phenomenon particularly in transition economies with an urgent need for … modernisation. The literature offers two alternative explanations: imperfect capital markets and investment reluctance due to real … real option effects may lead to erroneous conclusions in the context of empirical investment equations …