This paper examines the relation between firm investment ratios and institutional blockholder ownership for a sample of …-term, and local institutional investors boost investment ratios, consistent with the monitoring role and blockholder voice …

opportunities and investment demand. Financial development primarily affects firms' external financing constraints. (2) Large firms …

This study examines the impact of financial development on corporate investment in terms of their influence on … financing constraints. This study also tries to find the effect of financial development on the investment-cash flow sensitivity … that cash flow affects the investment decision of the company positively, which implies that Indian firms are financially …

subsequent decrease in real investment precisely in firms that invest too much. In support of the monitoring hypothesis, we show … influence on investment. We address the potential problem of endogeneity using the inclusion of a firm to the S&P 500 Index as …