explore the effect of this size-dependence regularity on moral hazard and investment, we develop a continuous-time agency …'s effort and the principal's investment decision, and the volatility is proportional to the square root of firm size. We … wages are back-loaded when firm size is small but front-loaded when it is large. Furthermore, there is under-investment in a …

This study investigates the key determinants of the size of investment in Russian IT companies during follow-on rounds … hypothesis proposed by the authors (about impact of the number of founders on the investment in sub-sequent rounds) as well as … hypothesis about the impact of target market growth on the investment size are also rejected. The latter is surprising as the …

How do firms finance their investment? To what extent does the financing mix depends on the nature or the size of … investment? To what extent does the funding mix of investment vary along firm size? Relying on a unique database of firms … picture of the financial resources used by firms to finance their investment.We uncover significant cross …