shareholding increases the distortion of executive compensation and the gap between corporate profits and investment. I also …

-family firm. We also find that investment in long-term projects in family firms is determined less by cash flow variations than … methods. -- Family Firm ; Long-term Orientation ; Myopia ; Bayesian Analysis ; Agency Theory ; Stewardship Theory ; Investment …

as a response to previous physical capital investment with an ultimate goal of inducing higher rates. Theoretical models …) and gross investment (INV) in physical capital. The evidence accruing from a dynamic panel data estimation indicates an … with the notion that the size of the firmś investment project can impose a restriction on the amount of new debt. The …

investment of small entrepreneurial and larger managerial firms in different financial regimes that are largely in line with …

This paper examines the investment and financial decisions of a sample of 92 EU regulated utilities, taking into … independence matters for both investment and financial decisions. Investment increases under an Independent Regulatory Agency (IRA … privately controlled. Finally political orientation does matter, as firm investment increases under more conservative (pro …

increasing investments in intangibles. Additional tests suggest that firms fund these financing and investment activities by …