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foreign direct investment is not robustly detected when the data is purged from the effects of special purpose entities and …
Persistent link: https://www.econbiz.de/10012209649
In this paper, we study the effect of share issue privatization (SIP) on private investment and financial market under … incomplete risk diversification. Risk neutrality and imperfect intertemporal substitutability make investment decreasing in … privatization (crowding-out effect). Vice-versa with risk aversion and perfect intertemporal substitutability (diversification …
Persistent link: https://www.econbiz.de/10011598289
Persistent link: https://www.econbiz.de/10008856020
Persistent link: https://www.econbiz.de/10009302104
This paper examines the investment and financial decisions of a sample of 92 EU regulated utilities, taking into … independence matters for both investment and financial decisions. Investment increases under an Independent Regulatory Agency (IRA … privately controlled. Finally political orientation does matter, as firm investment increases under more conservative (pro …
Persistent link: https://www.econbiz.de/10008729094
Our research tests the difference in investment efficiency between state-owned enterprises (SOEs) and private firms and … then evaluates the effect of privatisation and equitisation policies on the investment efficiency of former state owned … spending. We find no evidence of investment spending being linked to marginal returns by SOEs across all sectors and size …
Persistent link: https://www.econbiz.de/10010499591
, three, and five-year investment horizons. …
Persistent link: https://www.econbiz.de/10011608465
, which is that even though global financial markets appear to be integrated, levels of saving and investment are correlated …
Persistent link: https://www.econbiz.de/10011756014
The report looks at investment activity in Finland by industries and types of investment, and makes international … comparisons. Investment rate (fixed investment in relation to GDP) fell in Finland in the early 1990s from an internationally high … an increase in competition. The economy transformed itself from investment-driven economy to a more innovation-driven one …
Persistent link: https://www.econbiz.de/10010326866
The report looks at investment activity in Finland by industries and types of investment, and makes international … comparisons. Investment rate (fixed investment in relation to GDP) fell in Finland in the early 1990s from an internationally high … an increase in competition. The economy transformed itself from investment-driven economy to a more innovation-driven one …
Persistent link: https://www.econbiz.de/10009511773