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The interpretation of the significant relation between business investment spending andDie Interpretation der …
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This study tests for financial constraints on Ramp;D investment and how they differ from capital investment. To … constraints, measured by mark-ups, are more decisive for Ramp;D than for capital investment. For external constraints, we find a … monotonic relationship between the level of constriction and firm size for both types of investment. Thus, external constraints …
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Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics, and R&D slows down. In the absence of financial...
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Der Autor verfolgt das Ziel, die Verknüpfung von handels- und steuerrechtlicher Rechnungslegung aus ökonomischer Sicht theoretisch fundiert zu analysieren. Vor allem soll die Bedeutung dieser Verbindung im Hinblick auf eine gesamtwirtschaftlich effiziente Verwendung knapper Ressourcen...
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