Showing 1 - 10 of 4,350
We study whether, how, and why the investment of a firm depends on the investment of other firms in the same product … complementarity of investment among product market peers, holding across a large majority of sectors. Peer effects are stronger in … information. Product market peer effects in investment could amplify shocks in production networks …
Persistent link: https://www.econbiz.de/10012219376
ownership and capital demand adjustment in host countries. The author estimates a dynamic structural model of investment on a …
Persistent link: https://www.econbiz.de/10011290859
taxes impair subsidiary-level investment efficiency. Consistent with internal agency conflicts between the central …-level investment efficiency while reducing the level of investment. Our paper provides timely empirical evidence to inform expectations …
Persistent link: https://www.econbiz.de/10011922836
Persistent link: https://www.econbiz.de/10011607070
subsidiaries. We build a parsimonious multicountry model to underscore two opposing spillover effects: While tax competition … between countries generates positive investment spillover, intra-firm production linkages predict negative spillover. Using … subsidiary-level data and exogenous corporate tax hikes, we find that local business units cut investment by 0.4% for a 1 …
Persistent link: https://www.econbiz.de/10013540885
The longitudinal study of 13 investment decisions in the French aluminium industry, from 1890 to 1990, offers a new … outlook for the risk evaluation in investment choice. Measurement tools form the main development in investment literature …
Persistent link: https://www.econbiz.de/10008551665
The longitudinal study of 13 investment decisions in the French aluminium industry, from 1890 to 1990, offers a new … outlook for the risk evaluation in investment choice. Measurement tools form the main development in investment literature …
Persistent link: https://www.econbiz.de/10011073128
We build a model of investment and financing decisions to study the choice between bonds and bank loans in a firm …'s marginal financing decision and its effects on corporate investment. We show that firms with more growth options, higher … investment. We test these predictions using a sample of U.S. firms and present new evidence that supports our theory …
Persistent link: https://www.econbiz.de/10010258730
This paper analyzes the impact of particular loss offset limitations on intrastate and crossborder investment decisions …. Investment can be realized in the investor's domestic business, in a foreign branch or in a foreign subsidiary. The relative … impact on the optimal real investment alternative compared to the optimal financial investment alternative indicates the …
Persistent link: https://www.econbiz.de/10011449568
Persistent link: https://www.econbiz.de/10011947923