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Investment, uncertainty and irreversibility : evidence from belgian accounting data
Cassimon, Danny; Engelen, Peter-Jan; Meersman, Hilde; … - 2002
This paper investigates the effects of uncertainty on the investment behaviour using firm-level data for a sample of Belgian manufacturing firms. In general, the results confirm former analysis at the aggregate level, stating that uncertainty does matter but that the sign of the effect and its...
Persistent link: https://www.econbiz.de/10011623419
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Investment, uncertainty and irreversibility: evidence from belgian accounting data
Cassimon, Danny; Engelen, Peter-Jan; Meersman, Hilde; … - 2002
This paper investigates the effects of uncertainty on the investment behaviour using firm-level data for a sample of Belgian manufacturing firms. In general, the results confirm former analysis at the aggregate level, stating that uncertainty does matter but that the sign of the effect and its...
Persistent link: https://www.econbiz.de/10011506545
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Investment, uncertainty and irreversibility: evidence from belgian accounting data
Cassimon, Danny; Engelen, Peter-Jan; Meersman, Hilde; … - Nationale Bank van België/Banque national de Belqique (BNB) - 2002
This paper investigates the effects of uncertainty on the investment behaviour using firm-level data for a sample of Belgian manufacturing firms. In general, the results confirm former analysis at the aggregate level, stating that uncertainty does matter but that the sign of the effect and its...
Persistent link: https://www.econbiz.de/10005033324