A company's investment program is drawn up with specific reference, using a joint analysis of marginal cost of capital … (MCC) and investment opportunity schedule (IOS) curves. It is suggested to apply the modified internal rate of return (MIRR … to deal with the problem of the circling in determining the discount rate and calculating the optimal investment budget …

This study investigates whether economic policy uncertainty (EPU) magnifies peer effects in corporate investment in …' investment activities, we show that peer effects are stronger when EPU is higher. We also find that greater EPU lowers the …

In this paper, we analyze the effect of financial uncertainty on corporate investment using firm-level panel data from … the Republic of Korea. We find that financial uncertainty has a significant negative effect on corporate investment, and … investment irreversibility amplify the negative effect of uncertainty. The inverted U-shaped curve of the uncertainty effect …

investment and expected returns. In imperfectly competitive industries, a firm's exposure to systematic risk is jointly affected … by its own investment strategy and the investment strategies of its industry peers, such that the dynamics of its …

In this study, we analyse the effect of financial uncertainty on corporate investment using firm-level panel data from … the Republic of Korea. We find that financial uncertainty has a significant negative effect on corporate investment, and … constraints and investment irreversibility amplify the negative effect of uncertainty. The inverted U-shaped curve of the …

dispersion of idiosyncratic investment returns. An increase in uncertainty delays cross-border flows to the affected country. Yet …This paper studies the impact of uncertainty on cross-border investments. We build a data set of firm-level outward … Foreign Direct Investments between 2000 and 2015. We create a time and country varying measure of uncertainty based on the …

ownership and capital demand adjustment in host countries. The author estimates a dynamic structural model of investment on a …

taxes impair subsidiary-level investment efficiency. Consistent with internal agency conflicts between the central …-level investment efficiency while reducing the level of investment. Our paper provides timely empirical evidence to inform expectations …

Methodologically, the recommended investment project (IP) selection system is distinguished from one in force by: new … conception allowing for time factor; evaluating IP efficiency by eventual reproduction results, not by intermediate investment … the investment success criterion …