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This paper investigates empirically the linkages between corporate debt overhang and investment activity at the firm … investment may be discouraged by high levels of debt that put at risk future profits, as well as firm dimensions that may sharpen … the debt-investment link. Using balance sheet data from a broad set of emerging market and developing economy firms, the …
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In this paper we investigate the analytical and empirical linkages between firms' capital investment behavior and … significant negative impact on firms' investment spending, while extrinsic uncertainty has a positive impact. …
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Most microenterprises barely grow beyond subsistence level, as profitable investments are not realized due to barriers like credit, savings, and managerial constraints. Using panel data, this study identifies subgroups that would benefit by an intervention aiming to alleviate constraints. Two...
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The transition of the steel sector to carbon neutrality requires significant investment. In this study, we aim to … better understand the scale of investment required for a transition to hydrogen-based steelmaking and the ability of listed … steelmakers to finance this investment. First, we analyze how capital expenditures are estimated in the academic literature and …
Persistent link: https://www.econbiz.de/10014528609
independence, but also inhibits the growth of national economies. In a context of growing global competition for private investment … identifies and analyzes investment incentives that governments can provide to businesses with the aim of promoting gender … jobs or investment financing, and demand-side barriers that make it more costly for firms or investors to hire or fund …
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