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 …

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 …

-short-selling increase in R&D increases firm risk, but capital expenditure does not. Post-shortselling R&D investment is tied to long …Purpose: Prior studies suggest that an informative stock price helps corporate investment decisions. Since short …-selling improves the informativeness of stock prices, short-selling could influence corporate investment. This study examines this …

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 …

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 …