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focusing in particular on the role of financial market imperfections for corporate capital structure and investment decisions …
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This paper looks at the interactive effects of bribes and financial constraints on firm growth. Existing empirical work, such as Fisman and Svensson (2007) find the rate of taxation and bribery are negatively correlated with firm growth, has been challenged by the positive association between...
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This paper investigates the impact of the financial crisis on investment decisions in innovative versus non … more likely to suffer from the financial crisis and to reduce their investment expenditures in general. To some extent … investment growth than non-innovative firms. …
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reach a ‘trigger point’ involving either broad-based investment in further growth, or shrinking back to previous levels. We …
Persistent link: https://www.econbiz.de/10012587844