investment efficiency, and whether spillover effects vary with competition. We focus on the tone of MD&A disclosures and document …We explore whether disclosures in the Management Discussion & Analysis (MD&A) have spillover effects for investment and … substitutable products. We obtain similar results for investment efficiency. Overall, our evidence suggests that MD&A disclosures have …

We investigate how geographic distance relates to corporate investment decisions (i.e., investment location and … ownership structure choices), using a setting of Taiwanese firms' investment in mainland China. We measure geographic distance …-in-difference research design. Our analyses show that greater geographic distance is associated with a lower investment likelihood and a …

the current year. Further investigated on every presence of foreign investment in the banking system, total assets- based … foreign investment also correlates positively with bank’s stability. Finally, a negative effect from market share of mobilized …

of certain foreign firms when investors on US exchanges have greater investment exposure in those firms …