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The purpose of this work is to verify the existence of financial constraints for investment in Brazil, an emerging …-cash flow sensitivity. Investment-cash flow sensitivity of financially constrained firms in Brazil is higher than that in the UK … market with growing international visibility. Using panel data methodology and GMM, we estimate dynamic investment models …
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considered here may affect the sensitiveness of investment to cash flow. Large firms, stock market listed firms as well as firms …
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This paper aims to examine how shocks arising from Economic Policy Uncertainty affect corporate investment in Brazil … Exchange (B3). The results confirm the negative relationship between Corporate Investment and Economic Policy Uncertainty … is no evidence that Brazilian Economic Policy local metric affects Corporate Investment. Different robustness checks were …
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