Coval and Moskowitz (1999) report that proximity influences investment. We extend the measurement of proximity beyond … distance and report that air travel reduces local investment bias. This result is confi rmed using the initiation of connecting … flights through recently opened air hubs since investment at destinations served by these connecting flights increases after …

analyze the relationship between investment and internal cash flows. The results indicate that the investment sensitivity to … VC-backed SME investment. The moderation effect of VC ownership reduces the magnitudes of the positive impact of cash … flows and debt as well as the negative effect of growth opportunities on investment in both smaller and larger VC …

contributors to economic growth. By examining the economic and investment decisions behind these businesses, the author shows how …) Working Capital Management -- Part 4) Valuation -- Chapter 11) Time Value of Money -- Chapter 12) Evaluating Investment … Harvesting -- Chapter 14) Financing Choice -- Chapter 15) Harvesting the Business Venture Investment …

We provide evidence of an inherent trade-off between access regulation and investment incentives in telecommunications … accommodates: different investment incentives for incumbents and entrants; a strategic interaction of entrants' and incumbents … investment. Thus promoting market entry by means of regulated access undermines incentives to invest in facilities …