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 …

We build a dynamic 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 … of investment. We test these predictions using a sample of U.S. firms and present new evidence which supports our theory. …

presents some of the major concepts, principles, analytical methods and tools useful for making investment and finance … secondary mortgage markets. The investment behavior of real estate assets. The development of REITs and securitized debt markets …, portfolio or firm level decisions and investment management considerations. (More fundamental "micro" level analysis, pertaining …

highlights future investment and financing challenges, especially for road transport. The methodology piloted in this study can …