investment project. In the second model, the convenience yield is allowed to follow a mean reverting process which seems to be … values. We found that given the recently observable prices for carbon dioxide, an investment into C O2-storage facilities is …

This paper investigates the relation between dividends and investment for Chinese listed firms in a condition of cash … flow uncertainty. We find that facing cash flow uncertainty, Chinese firms neither cut dividends nor cut investment, but … maintain extremely high level of investment. External financing is the only instrument that resolves cash flow uncertainty. We …

' expectations, expectations of entrepreneurs affect investment decisions and employment creation and the expectations of …

investment, political and economic integration and investigates the benefits of a common currency by which the money inflows from …

Nowadays, due to incentive policies, the PhotoVoltaic (PV) installations become an economically attractive investment … the national budget, maintaining the economic margin of the investment attractive for investors, a progressive tariff …

We study the effect of asset tangibility on corporate financing and investment decisions. Financially constrained firms … investment. Using a dynamic model, we characterize this effect — which we call firm-level credit multiplier — and show how asset … tangibility increases the sensitivity of investment to Tobin’s Q for financially constrained firms. Examining a large sample of …

mechanisms by which competition affects investment. For a firm with lower initial marginal costs (higher efficiency), a positive … effect of competition on investment is more likely. Positive spillovers support a negative effect of competition on … investment. The relation between competition and investment is not affected in an unambiguous way by the level of pre …