This paper analyzes the joint effect of EPL and financial market imperfections on investment, capital … stronger in firms with lower levels of internal resources. We find that, on average, EPL reduces investment per worker, capital …

financing and buyouts by private equity investors on investment of portfolio firms in the UK and France - two countries with … higher investment levels and a lower dependence on internal funds after expansion financing. Buyouts financed by venture … capital companies are neither associated with a decrease in investment spending nor with an increase in the dependence on …