considered here may affect the sensitiveness of investment to cash flow. Large firms, stock market listed firms as well as firms …

technological hubs in their territories, alternative capital markets can spur technological progress and economic growth, even if …

environment best, determining the impact of asset sales on investment for financially constrained firms and finally determining … the impact of investment and asset sales on firm' performance. Analysis is performed on 223 financially healthy firms for … evidence that financial constraints have a significant impact on investment. It therefore, accepts the hypothesis that sales …

The investment decisions of small-scale farmers in developing countries are conditioned by their financial environment …. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We … leads to significantly larger agricultural investment and riskier production choices in agriculture. The salient constraint …

The investment decisions of small-scale farmers in developing countries are conditioned by their financial environment …. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We … leads to significantly larger agricultural investment and riskier production choices in agriculture. The salient constraint …

This paper considers the effect of corruption on the efficiency of capital investment. Using firm-level level data from … informal bribe payments distorts the efficient allocation of capital by reducing the marginal return per unit investment. Using … decreases investment efficiency, as measured using both absolute and relative metrics of investment returns. The negative effect …