investment policies of newly founded firms. Thereby, the analysis adds important new insights on a crucial segment of the economy …

explore the relationship between asset growth, investment, and cash flow and find that firms use all available internal funds …

emerging markets. The paper measures the risk of short-term exposure by estimating, at the firm level, the effect on investment … not find that this reduction in net worth translates into a drop in investment. …

and corporate investment. In line with theoretical predictions that credit lines aid firms to invest during times of … investment, this effect was mitigated somewhat by credit line usage. We also find that in contrast to non-crisis times, during …

their investment more after the crisis. This negative effect is stronger for firms linked to weak banks with exposures to … corporate investment …

Using Swedish bank lending data, investment data and accounting data, I examine how the financial crisis affected … corporate investment through its effect on credit availability. Sensitivity to a credit supply shock is measured as credit … reserves, defined as unused credit on lines of credit. I find that firms with low credit reserves reduced investment …

explore corporate data to investigate how economic uncertainty affected investment, dividend payouts and cash holdings, based … of England. These data demonstrate that heightened economic uncertainty lowered investment even after controlling for … investment opportunities, sales growth, and the firm's own stock volatility. Economic uncertainty also explains the rise in cash …

. We measure the risk of maturity mismatch by estimating, at the firm level, the effect on investment of the interaction of … a drop in investment or sales …

Using Swedish bank lending data, investment data and accounting data, I examine how the financial crisis affected … corporate investment through its effect on credit availability. Sensitivity to a credit supply shock is measured as credit … reserves, defined as unused credit on lines of credit. I find that firms with low credit reserves reduced investment …