subsequent decrease in real investment precisely in firms that invest too much. In support of the monitoring hypothesis, we show … influence on investment. We address the potential problem of endogeneity using the inclusion of a firm to the S&P 500 Index as …

We explore the relation between government integrity and firms' investment efficiency in the context of China … with the investment efficiency of listed companies in China. Government integrity is negatively related to corporate …. This study enriches research on corporate investment by adopting the perspective of government integrity, and supplements …

This study investigates the impact of investment efficiency on firm value with a moderating role of institutional … tool of comparison. The results show that investment efficiency has an impact on firm value. In addition, institutional … ownership and board independence moderate this impact. There is a gap between the impact of investment efficiency on firm value …