' capital structure, investment and profitability. The identification of the causal effects is based on the escape clauses in … base. In general, in the short term, no negative investment effects are caused by the TCR. This suggests that a part of the …, investment might also be fixed in the short-run for example due to long-lasting contracts. -- Thin capitalization ; earnings …

-sized enterprises (SMEs). This study compares incentive effects of such reforms on the SMEs' investment decisions adopting a simple …

investment and firm's growth. Moreover, the leverage multiplier effect is the highest for firms relying on short-term credits and … constraints literature. -- Financing constraints ; growth ; investment ; cash flow sensitivity …In this paper we describe a theoretical model of optimal investment of various types of financially constrained firms …

A detailed treatment of aggregation and capital heterogeneity substantially improves the performance of the investment … capital. The model fits well the value, momentum, investment, and profitability premiums simultaneously and partially explains … profitability premiums, as well as the countercyclical and long-term dynamics of the value and investment premiums. However, the …