Purpose: The purpose of this paper is to examine the impact of managerial optimism on corporate investment regarding … often overconfident an effort is made to highlight the effect of this psychological bias on managerial investment decision … – making. Design/methodology/approach: The research methodology is based on the approach that the investment-cash flow …

Numerous research papers have used Irish-only data to test for the presence of an investment gap for small- and medium … the investment patterns of Irish SMEs in a crosscountry context and test whether an investment gap is present when … compared to other countries. We use an accelerator model of investment which links capital expenditure to firm output growth …

This paper investigates the impact of working capital management on corporate investment and corporate performance of … working capital and negative excess net working capital are taken into account. The corporate investment and corporate … and negative excess net working capital have higher corporate investment. It is also reported that firms which have higher …

In the leveraged loan sector, firms borrowing from non-banks have worse profitability and lower investment following …

firms is quite different from that of mature market. This paper examines the impact of CET policy on corporate investment … effectively, instead, CET significantly inhibited the pilot firms' investment behavior. The mechanism analysis shows that the CET … bargaining power of firms, and reduces investment by reducing the scale of firms' production and the intensity of R&D expenditure …