This paper provides new evidence on the relationship between internal capital markets and corporate investment by … exploiting an exogenous event and an unique empirical setting. We do so by comparing the investment behavior of Korean business … than non-chaebol firms in the control group in the aftermath of the crisis. This difference in investment behavior does not …

investment methods, and reallocation policies in internal capital markets. CFOs see the main financial benefits of being …

target firms decreases after equity investment by SWFs. This result holds when we use alternative specifications, and address …

This paper examines the relationship between foreign and domestic investment activity of multinational enterprises. The … investment in fixed assets. The empirical approach, which rests upon extensive and intensive margin variation, is shown to … produce very robust results. These suggest a positive relationship between foreign and home investment in real capital. This …