particular, we explore how the manager's investment decision is affected by the presence of a large institutional shareholder … investment in long-term complex projects lowers the incentive of institutional investors to collect costly information and hence …

our model, we find that the relation between debt enforcement and firms' investment and risk depends on the firm …-specific probability of default. A difference-in-differences analysis of firms' investment and risk taking in response to bankruptcy …

estimation of investment appeal and credit status of the companies.The example of determination of a class of the company on … is shown that the systemic effective projects should priority to investment directions …

investment market, financial Internet communications create the integrated pace of world economic system. The companies test …

author shows practical examples of the use of the indicator NPSV to assess the effectiveness investment project …

Controlling shareholders often pledge their ownership in the firm to offer collateral for either their personal loans … modification in the payoff structure can influence the incentives of controlling shareholders and have real effects on firm value … ownership of controlling shareholders and destroy firm value. On the contrary, share pledges for firm loans mitigate problems of …

-pronged approach to investigate the relationship between corporate leverage and fixed investment spending. The empirical analysis …

investment cash flow sensitivity and various CEO characteristics in either the existence or inexistence of managerial optimism …. Using a Q-investment model and departing from a sample of 475 annual observations, our results highlight that CEO …'s financial education, CEO's ownership and their optimism bias can explain distortions in corporate investment policy since they …