corporate investment using data from manufacturing firms in China, Japan and the United States. We find that firms that use more … productivity of the capital invested and that this effect is partly mediated by the investment of the manufacturing firms. This … paper shades light into the present understanding of how companies use debt financing decisions to boost their investment …

relation between financial reporting quality and corporate investment decisions. Ineffective monitoring and capital rationing … by shareholders and banks due to information asymmetry may result in a lack of management's investment responses to … can reduce these problems and thus increase management's investment sensitivity to changes in growth opportunities. The …

generates novel implications for the impact of renegotiable debt on covenant and investment policies …

This paper investigates the link between corporate debt and investment for a group of five peripheral euro area … countries. Using firm-level data from 2005-2014, we postulate a non-linear corporate leverage-investment relationship and derive … thresholds beyond which leverage has a negative and significant impact on investment. The investment sensitivity of debt …