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In this paper we study the relation between firm-level disclosure quality and the availability of external finance to firms. Using data on Finnish firms that are mostly private and small, we first estimate ‘excess growth’ made possible by external finance. We then show that the excess growth...
Persistent link: https://www.econbiz.de/10010285049
The report looks at investment activity in Finland by industries and types of investment, and makes international … comparisons. Investment rate (fixed investment in relation to GDP) fell in Finland in the early 1990s from an internationally high … an increase in competition. The economy transformed itself from investment-driven economy to a more innovation-driven one …
Persistent link: https://www.econbiz.de/10010326866
effects will generated by Metsä Fibre’s investment into their new bioproduct factory in Äänekoski, Finland. The calculations … significance of the investment will only become evident in the production phase, since not all investments of equal scale produce …
Persistent link: https://www.econbiz.de/10012037673
corresponding rate with the investments. For this reason, the investment rate of companies is currently almost at the same level as … in the years 2000–2008. However, after the financial crisis the development of investment volume has been weaker in … capital in clearly better in Finland than in most other European countries. The investment rate in Finland is reduced …
Persistent link: https://www.econbiz.de/10012037690
At present, businesses in Finland can deduct the cost of many investment goods from taxable income only gradually over … them to deduct the cost of investment goods in full in the year they are purchased. In this report, I explain how … investment expensing rules affect the profitability of investment and the neutrality of the corporate taxation and discuss how …
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