information arises from growth opportunities rather than from assets-in-place. We show that firm investment style (measured by R …&D/[Capex R&D]) is persistent and positively aligned with growth type. The sensitivity of investment to cash flow has a monotonic … conditions increases with investment style, reflecting a growth-type-aligned pecking order in financing. These findings …

involves high arbitrage risk, illiquidity and price impact, low stock loan supply, and potentially non-negligible brokerage fee …

We examine interactions between investment and financing decisions in a dynamic model where the firm can alter the mix …. The lack of coordination between the timing of investment and debt financing helps explain a number of findings in the …

on capital investment activity but they have little effect on return effects related to net working capital and external …

We assess the impact of credit constraints on investment, inventories and other working capital and firm growth with a …, as firms with poor investment and growth opportunities may have a higher probability of being credit constrained. We … implement several strategies to overcome this obstacle: proxies for investment opportunities, lagged regressors, random effects …

We assess the impact of credit constraints on investment, inventories and other working capital and firm growth with a …, as firms with poor investment and growth opportunities may have a higher probability of being credit constrained. We … implement several strategies to overcome this obstacle: proxies for investment opportunities, lagged regressors, random effects …

We assess the impact of credit constraints on investment, inventories and other working capital and firm growth with a …, as firms with poor investment and growth opportunities may have a higher probability of being credit constrained. We … implement several strategies to overcome this obstacle: proxies for investment opportunities, lagged regressors, random effects …