Using a unique, large panel of German firms, we examine whether participation in business groups reduces the sensitivity of investment to cash flow. The main finding is that the reduction in the sensitivity is small for small firms and negligible for medium and large firms. We argue that by...

Over the last decades, the consumer’s ecological behaviour has been the topic of intense debates, academic activities and researches. The scope of our article is to briefly highlight the importance of concrete actions aimed at informing and getting awareness of the environmental aspect in the...

In this paper we present a first attempt to represent the social behavior of actors in a resource sharing context in such a way that different forms of solidarity can be detected and measured. We expect that constructing agent-based models of water-related interactions at the interface of urban...

Using a unique, large panel of German firms, we examine whether participation in business groups reduces the sensitivity of investment to cash flow. The main finding is that the reduction in the sensitivity is small for small firms and negligible for medium and large firms. We argue that by...