We examine the neoclassical investment model using a panel of U.S. manufacturing firms. The standard model with no … for firms with low (pre-sample) payouts (firms we expect to face financing constraints). Hem, investment is sensitive to … both firm cash flow and macroeconomic credit conditions, holding constant investment opportunities. Sample splits based on …

We examine how firm and country heterogeneity shape the response of corporate investment in emerging markets to changes … the costs of external borrowing and (ii) a real options channel-reflecting firms' option values to delay investment. We … find evidence of the coexistence of both channels. Financially weaker firms reduce investment by more in response to higher …

Stagnant global trade, subdued investment, and heightened policy uncertainty marked another difficult year for the … world economy. A moderate recovery is expected for 2017, with receding obstacles to activity in commodity-exporting emerging … market and developing economies. Weak investment is weighing on medium-term prospects across many emerging market and …

theory, we suggest that early entrepreneurial ties to venture capitalists may be a double-edged sword, especially in light of …

investment relations, but also that companies play a part in constructing those rules and their application. In this way … and Trade and the General Agreement on Trade in Services within the framework of the World Trade Organisation mediate the … corporations as investors, bearing in mind the current fragmented regime operating under international investment law alongside …