This paper delves further into the link between residual government ownership and corporate investment efficiency in … lower level of investment efficiency. The finding suggests that government ownership is less beneficial in privatized firms …. The paper has important implications for policymakers in supporting privatization policy and in designing a framework to …

reduce their investments by about 50% more than private firms in periods of elevated policy uncertainty. We find suggestive … shareholders than private firms' management. Furthermore, only public firms invest more efficiently in periods of uncertainty than … confronted with uncertainty …

investment drop of 7.4%. The decrease in investment for private firms is likely attributable to political uncertainty. SOEs …We study corporate investments around national elections in India. Investment rates drop by a nonsignificant 2.2% for … balance political uncertainty with the desire to woo voters who want government investments. Investments in election years are …