We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth …

' investment, growth and financial constraints. Combining propensity score matching with a difference-in-differences estimator, our …

This paper shows that political capital is an important determinant of corporate investment and innovation. Using … capital investment and R&D spending. Surprise losses of political capital result in negative announcement returns, reduced …

This paper analyzes whether the financial distress of a firm affects the investment decisions of non … the industry and hence restricting credit access and investment. These average negative effects continue to hold in the …