This paper investigates the link between corporate debt and investment for a group of five peripheral euro area … countries. Using firm-level data from 2005-2014, we postulate a non-linear corporate leverage-investment relationship and derive … thresholds beyond which leverage has a negative and significant impact on investment. The investment sensitivity of debt …

This article tests the hypothesis that financial supply-side shifts help to explain the low-investment climate of …

This paper attempts to test whether financial supply-side shifts explain the low-investment climate of private firms in …

In this paper, we analyze the effect of financial uncertainty on corporate investment using firm-level panel data from … the Republic of Korea. We find that financial uncertainty has a significant negative effect on corporate investment, and … investment irreversibility amplify the negative effect of uncertainty. The inverted U-shaped curve of the uncertainty effect …

between routine and "investment spike" financing. This study documents significant heterogeneity in investment spike financing …, particularly by firm size. Further, when spike size or pre-investment leverage is larger, unlike large firms, small firms issue … less equity. These results suggest that small firms' financing patterns around investment spikes are consistent with the …

In this study, we analyse the effect of financial uncertainty on corporate investment using firm-level panel data from … the Republic of Korea. We find that financial uncertainty has a significant negative effect on corporate investment, and … constraints and investment irreversibility amplify the negative effect of uncertainty. The inverted U-shaped curve of the …

debt is strongly negatively correlated with corporate debt and investment, but strongly positively correlated with … strategy influences firms' capital structures and investment policies …

significant amplifying role for market uncertainty in the relation between sentiment and aggregate investment. A one …-standard-deviation increase in uncertainty more than doubles the effect of sentiment on investment. Moreover, allowing uncertainty …, and investment measures. We also document similar effects for aggregate equity issuance. Consistent with theory, we find …

Using Swedish bank lending data, investment data and accounting data, I examine how the financial crisis affected … corporate investment through its effect on credit availability. Sensitivity to a credit supply shock is measured as credit … reserves, defined as unused credit on lines of credit. I find that firms with low credit reserves reduced investment …

, uncertainty reduces corporate investment and employment. Using a novel firm-level measure of cash flow uncertainty, we find … empirically that uncertainty has a strong negative impact on corporate employment and investment in both tangible and intangible …, investment in tangibles would increase by 1.54%, and investment in intangibles would increase by1.29%. Our findings are robust to …