This study investigates the effect of female chief executive officers (FCEOs) on investment efficiency. Our study suggests that CEO gender plays a significant role in efficient investment decisions by improving governance and disciplining the management. We document that FCEOs are associated...

This paper investigates the impact of terrorism and financial crisis on the domestic investment in Pakistan for the period 2001-2017. Pakistan became a non-NATO ally in the US war against terrorism in 2002, this strategic coalition brings enormous capital inflow on one hand and human and capital...

This study explores the effect of CEO power in shaping corporate investment decisions. Exploiting a unique Chinese setting, we document a negative association between CEO power and investment efficiency. However, financial constraints improve investment decisions by powerful CEOs. Moreover, the...