Pham Quynh Xuan; Le Hau Long - In: Thailand and the world economy 44 (2026) 1, pp. 112-131
, it directly affects the firm's value. This study aims to examine the quadratic relationship between investment and firm … quadratic relationship between investment and firm value, suggesting the presence of an optimal investment level. Notably, the … value, specifically within the context of financial constraints. Our analysis is based on a dataset comprising 269 …