and investment. We analyzed 419 companies from the Warsaw Stock Exchange and covered the period of 2007-2020 with 4 …,760 firm-year observations. We prepared regression models for the dividend and investment ratio depending on the company … specificity. We found a positive relation between dividends and investment. Additionally, we found that with the increase of …

We show how directors can set the strength of a firm's anti-takeover provisions in order to influence the investment …

We investigate the roles played by unexpected demand shocks, besides productivity, on firms' capital investment and … productivity and demand shocks are both significant factors determining firm behavior, the former is more dominant for investment … productivity, are important factors when analyzing capital investment and firm exit decisions …

investment. Firms anticipate information spillover from peers’ investment decisions and delay project exercise to learn from … skilled. Finally, our results suggest that the anticipation of peer information dampens aggregate investment …

Firms reduce investment when facing downward wage rigidity (DWR), the inability or unwillingness to adjust wages … DWR to document this fact. Following a one standard deviation increase in the minimum wage, firms reduce their investment … investment cut is larger than the benefit of the wage increase. This investment cut cannot be fully explained by labor adjustment …

impact of financing constraints on corporate investment? The short answer is no. The common practice of using pre … from previous studies the sensitivity of investment to cash flow is inverse basin-shaped. We provide an understanding of … this shape by studying investment and financial policies jointly, under different regimes of financing constraints. …

Theory suggests a commitment to voluntary disclosure may improve firm investment over time. Our findings support this … argument. We document that voluntary disclosure commitment is associated with the more profitable exercise of firm investment … opportunities. Additionally, prior research hypothesizes that voluntary disclosure can reduce both under- and over-investment. We …

This study investigates the strategic disclosure of a downstream firm’s information regarding cost-reducing investment … convey an aggressive investment (i.e., lower marginal costs) to a rival downstream firm when the products are sufficiently … differentiated. Moreover, we show that the downstream firm may disclose its information and pursue its investment at a minimum level …