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 …

Purpose - This study examines the impact of China’s mixed-ownership reform on the innovation of non …

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 …