Showing 1 - 10 of 2,310
In China, regional disparities are important. We examine the difference in the sensitivity of investment to cash flow … that firms in inland regions rely more on their internal funds in terms of their investment activities than those in …
Persistent link: https://www.econbiz.de/10015216628
We empirically examine some listed Chinese firms’ political connection, ownership, and financing constraints. Politically-connected firms display no financing constraints whereas firms without connection experience significant constraints. Non-connected family-controlled firms bear greater...
Persistent link: https://www.econbiz.de/10015229635
This paper examines the impact of recent financial liberalization in China on the financing constraints of publicly-listed Chinese firms with and without politically-connected CEO/Chairman. Two continuous indices are used to measure the evolution and intensity of financial reforms: a financial...
Persistent link: https://www.econbiz.de/10015229636
This paper examines the impact of recent financial liberalization in China on the financing constraints and investment … firms’ financing constraints in an Euler-equation investment model. The results indicate that while smaller firms face …
Persistent link: https://www.econbiz.de/10015229637
This paper examines the impact of recent financial liberalization in China on the financing constraints of publicly-listed Chinese firms with and without politically-connected CEO/Chairman. Two continuous indices are used to measure the evolution and intensity of financial reforms: a financial...
Persistent link: https://www.econbiz.de/10015229646
time value of money in economic analysis of investment is represented in our article. The recommended phased method of … allowing for the time factor is distinguished by: • reducing investment projects’ (IP) cash flow to two evaluation aspects …: investments by investment stage completion and cash flow by maintenance completion; • allowing for investment stage fund freezing …
Persistent link: https://www.econbiz.de/10015233603
Methodologically, the recommended investment project (IP) selection system is distinguished from one in force by: new … conception allowing for time factor; evaluating IP efficiency by eventual reproduction results, not by intermediate investment … the investment success criterion. …
Persistent link: https://www.econbiz.de/10015233604
The study examines the long run effect of investment (proxied by gross fixed capital formation) on electricity …-stationary in levels, however, stationary in their first difference. Investment and electricity consumption are cointegrated … according to the cointegration test performed. There are both stable short run and long run relationship between investment and …
Persistent link: https://www.econbiz.de/10015261974
This empirical paper searched the three way-linkage between patent, domestic investment, and economic growth in the … relationship between the three variables in the long run. However, we found that domestic investment and economic growth cause … patent in the short run. which explains why patents are not a source of economic growth and domestic investment in America …
Persistent link: https://www.econbiz.de/10015270528
The aim of this paper is to explore the impact of final consumption, domestic investment, exports and imports on …, empirical analysis indicated that there is no causality relationship between final consumption, exports, domestic investment …
Persistent link: https://www.econbiz.de/10015270559