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 …

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 …

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 …

This paper examines the effect of the global financial crisis on corporate investment in Korea. Specifically, the … crisis was considered to have possibly constrained firm-level investment as the negative shock to the credit supply …, larger cash holdings before the crisis will lead to fewer constraints to corporate investment, or vice versa. In order to …

accumulation. This process is characterized by a gradually rising investment rate along with a moderate rate of return to capital … declining investment rate with an extremely high return to capital. We show that minor modifications of the neoclassical model …

This paper investigates the possible role of asset tangibility on corporate's investment decision. As Almeida and … financial intermediaries, reduce financial restriction, and thus allow further investment. For this reason, we analyze corporate … investment behavior in Korea by estimating firm's investment function incorporating asset tangibility, based on the endogenous …

’s investment decision. To satisfy the purpose, we highlight the differences of corporate investment behaviors between the 1990s and … model using firmlevel panel data from 1994 to 2009 in Korea. According to the empirical results, the corporate investment … tangibility played a more important role on the decision of a firm’s investment after 2000. In addition, the firm size effect on …

There have been rising concerns about the sluggish recovery of domestic corporate investment. As one of the factors in … the national account, corporate investment affects the current economic status by creating jobs, increasing income, and … the government, and one of the major policy objectives was to promote Korean corporate investment. However, most economic …

Corporate investment leads job creation and output growth by increasing capital accumulation in the short-run, and also … uncertainty could have a negative effect on the Korean economy by reducing corporate investment. The recent survey conducted by … KIET supports this concern in a sense that Korean firms would plan to postpone their investment decisions until the economy …