Showing 1 - 10 of 2,357
possibilities is dangerous for them and is hard to rebuild possibilities to create cash revenues. Financial liquidity investment …
Persistent link: https://www.econbiz.de/10013063486
This paper addresses the issue of how regulatory constraints affect firm s investment choices when the firm has an … option to delay investment. The RPI-x rule is compared to a profit sharing rule, which increases the x factor in case profits … go beyond a given level. It is shown that a pure price cap and profit sharing are identical in their impact on investment …
Persistent link: https://www.econbiz.de/10011507879
ownership and capital demand adjustment in host countries. The author estimates a dynamic structural model of investment on a …
Persistent link: https://www.econbiz.de/10011290859
This paper investigates the effects of uncertainty on the investment behaviour using firm-level data for a sample of … invested. Furthermore, the difference between reversible and irreversible investment is crucial. The impact of volatility on … irreversible investment is far more larger than on reversible investment. In some cases, the amount of reversible investment will …
Persistent link: https://www.econbiz.de/10011623419
factors (mainly, cash flows and other controlling variables) on corporate investment. By employing system-GMM estimation for … borrowing activities but also results in more corporate investment activities over the period from 2006 to 2016. Noticeably, the … internal cash flow is also significant factor, which enhances the activities of corporate investment. Finally, there are …
Persistent link: https://www.econbiz.de/10012022289
We survey recent microeconometric research on investment and employment that has used panel data on individual firms or … theory of the demand for capital and labour, on which most of the econometric models of investment and employment that we … of adjustment, which have played a prominent role especially in the microeconometric literature on investment. With …
Persistent link: https://www.econbiz.de/10014024950
generates novel implications for the impact of renegotiable debt on covenant and investment policies …This paper develops a model with the novel feature that firms can renegotiate debt both in and outside distress. We … show that this feature is crucial for debt renegotiation models to explain corporate policies and debt prices. Specifically …
Persistent link: https://www.econbiz.de/10011345070
Identifying the impacts of liquidity shocks on spending decisions is difficult methodologically but important for theory, practice, and policy. Using seven different methods on microenterprise loan applicants, we find striking results. Borrowers report uses of loan proceeds strategically, and...
Persistent link: https://www.econbiz.de/10010202715
In this paper we attempt to investigate the importance of certain external factors on the investment decision among … Polish companies. With the use of data from the tailored made Survey on Receivables we examine factors influencing investment … finally we determine the relative influence of these factors on the actual investment reductions. The results showed that …
Persistent link: https://www.econbiz.de/10009789957
In this paper, we attempt to investigate the importance of certain external factors on the investment decisions made by … investment decisions of companies in Poland; (2) assess the relation between branch, company size and investment factors; (3 …) evaluate the importance of the investment factors; and (4) determine the relative influence of these factors on the company …
Persistent link: https://www.econbiz.de/10010253997