Showing 1 - 10 of 661
corporate net lending determinants. We disentangle the effects of the profit share on corporate saving and investment and …
Persistent link: https://www.econbiz.de/10012137922
Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the … time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to … account, but a significant positive relationship between cash flow and investment remains for relatively small firms. In the …
Persistent link: https://www.econbiz.de/10011621855
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 …
Persistent link: https://www.econbiz.de/10011306337
corporate net lending determinants. We disentangle the effects of the profit share on corporate saving and investment and …
Persistent link: https://www.econbiz.de/10012214310
Persistent link: https://www.econbiz.de/10012111532
towards banks contracts the amount and maturity of corporate debt and leads firms to slow investment and forego growth …
Persistent link: https://www.econbiz.de/10012115121
In this paper, we use firm-level survey data to explore the determinants of SME investment activity and the extent to … which observed investment is in line with that suggested by economic fundamentals. In contrast to previous literature which … has focused on whether investment gaps exist at a more aggregate level, we find evidence that for SMEs actual investment …
Persistent link: https://www.econbiz.de/10011805629
Persistent link: https://www.econbiz.de/10011966125
We examine whether capital flows more to high Tobin's q industries and find that it flows more to high q industries from 1971 until 1996 but not from 1997 to 2014. This change is due to a decrease in the q-sensitivity of equity funding resulting mostly from the increased q-sensitivity of...
Persistent link: https://www.econbiz.de/10011969138
Persistent link: https://www.econbiz.de/10011925867