Utilizing industry-level foreign direct investment (FDI) from 72 source markets to 122 destination markets between 2003 …

value, its investment policy should adjust endogenously to changes in investor preferences. It is hypothesized that … valuations ascribed to current cash flows. This endogenous adjustment in investment policy could help to explain why business … investment has remained so weak despite the large increase in business cash flows, the sharp drop in financing costs, and and the …

This study investigates the effects of economic cycles on abnormal value creation of buyouts (BO) and on the investment … corresponding PE funds, we find that investment activity of initial fund flows is slightly pro-cyclical, while reinvestment activity …

the parameters that determine the distribution of the expected returns on investment. During a crisis that increases … macroeconomic uncertainty and reduces asset prices, the threshold required return that triggers investment is lower for an informed … investment may increase, is mostly by informed investors, and as time goes on is progressively more by investors who were …

the parameters that determine the distribution of the expected returns on investment. During a crisis that increases … macroeconomic uncertainty and reduces asset prices, the threshold required return that triggers investment is lower for an informed … investment may increase, is mostly by informed investors, and as time goes on is progressively more by investors who were …