Summarizes previous research on the investment opportunity set (IOS) using price‐based and investment‐based proxies and …

different investment opportunity set (IOS) levels. Tests them using 1992‐1998 data on a sample of US multinationals and shows …

invest. We illustrate the implications of price spikes on the value of electricity generating capacity and the investment …

Purpose – The purpose of this study is to investigate the relationship between predictability in return and investment … strategy performance. Two measures that characterize investment strategies within a mean‐variance framework, an activity … autocorrelation in long‐horizon returns. Findings – The results, for four uninformed investment strategies and assuming that returns …

need for credit for investment. Looks at the link between financial intermediation and economic growth for nine countries … linkages. Finds that financial structure variables explain income growth better than investment variables in five countries …

Investigates whether the investment opportunities available to US multinationals affect their profitability … investment opportunity set.  …

A multiperiod analysis of working capital investment is outlined. An attempt is also made to clarify the objects of …

and consistency, evidence seems to suggest that Value Line Investment Survey database is as good as other databases …

Purpose The purpose of this paper is to document the relation between investment-cash flow sensitivity and a firm … examine how CSR moderates the sensitivity between investment spending and firm internal funds. Design/methodology/approach The … Euler equation technique approach is applied to test the sensitivity of investment to internally generated funds for a panel …

-regression (VAR) framework to examine the firm-level dynamics among investment, earnings and dividends. The firm-level VAR yields …Purpose – The purpose of this paper is to examine the dynamic relationships among investment, earnings and dividends … not supported, even in the long run; the shocks to dividends do have long-run consequences for investment and vice versa …