In this paper, we conducted an empirical study to assess the nature of the relationship between financialization and the level of innovation activity in Russian publicly listed companies. We relied on previous research in this area and on the models proposed by the researchers. In the empirical...

This paper tries to estimate the impact of financialization on fixed investment in Russia. The work is carried out by using panel data based on reports of non-financial publicly listed companies for 1999-2019. The study finds that financial expenses aimed at paying interest on external financing...

The paper contains attempt to develop investor myopia theory of economic growth. Investor myopia takes place when agents do not take long-term outcomes of their activity into account. This phenomenon, can, of course, lead to underinvestment. The outcome is negative rates of economic growth. Such...