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This study examines the effects of product market competition on corporate investment and firm value and the moderating …, our results depict that product market competition significantly influences corporate investment and firm value in BRIC … competition on corporate investment and firm value at Brazilian, Russian, Indian, and Chinese firms. The study's findings …
Persistent link: https://www.econbiz.de/10014321091
In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … investment research. For example, not including factor prices in investment models may seriously affect the model outco! mes … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ. …
Persistent link: https://www.econbiz.de/10011349194
Risk-return association is one of the major concerns for economics and business disciplines. While the standard economics and finance theory assume that the sign of the relationship should be positive (individuals are assumed to be risk adverse), since Bowman (1980) many researchers have found...
Persistent link: https://www.econbiz.de/10013136428
portion of the value of a diversified equity investment portfolio will be placed at risk. In the accompanying Part 1 we … can to bring a rapid energy transition about and investment fiduciaries may have an obligation to do so. Possible action … beneficiaries test legally the obligations of their investment fiduciaries in this regard. We call this assertive approach by …
Persistent link: https://www.econbiz.de/10013030161
households and lower investment by firms, and hence leads to lower aggregate investment and growth. This paper argues that …
Persistent link: https://www.econbiz.de/10011543578
that increases in TPU reduce investment and activity using both firm-level and aggregate macroeconomic data. We interpret … reduce investment and activity …
Persistent link: https://www.econbiz.de/10012065127
The impact of uncertainty on firms' investment outlays is subject to an ongoing debate. Theory identifies several … investment likely. On the other hand, the ability of firms to adapt after uncertainty is resolved can make a risky strategy more …'s investment outlays using the database of the Deutsche Bundesbank's corporate balance sheet statistics. Our database represents …
Persistent link: https://www.econbiz.de/10010295693
We estimate the effect of demand and price uncertainty on firms' investment decisions from a panel of manufacturing … investment, while price uncertainty is insignificant. This is consistent with the behavior of monopolistic firms with … irreversible capital (Caballero, 1991). Further, firms revise their investment plans very little. They may do so in response to new …
Persistent link: https://www.econbiz.de/10011506567
Persistent link: https://www.econbiz.de/10003880433
The impact of uncertainty on firms' investment outlays is subject to an ongoing debate. Theory identifies several … investment likely. On the other hand, the ability of firms to adapt after uncertainty is resolved can make a risky strategy more …'s investment outlays using the database of the Deutsche Bundesbank's corporate balance sheet statistics. Our database represents …
Persistent link: https://www.econbiz.de/10011418846