This paper analyses the impact of the Common Agricultural Policy arable crop regime on farm investment and output … intervention price would significantly affect farm investment, mainly through reduced price volatility, while policy changes not …

We examine firms' simultaneous choice of investment, debt financing and liquidity in a large sample of US corporates … affect the corporate decisions of unconstrained firms more strongly than those of constrained firms. Investment-cash flow … sensitivities are particularly intense for unconstrained firms with high hedging needs. Investment opportunities (as proxied by Q …