We examine investment behavior when firms face costs in the access to external funds. We find that despite the … existence of liquidity constraints, standard investment regressions predict that cash flow is an important determinant of … investment only if one ignores q. Conversely, we also obtain significant cash flow effects even in the absence of financial …

investor “rationality,” the relation must be “explained” by a risk (factor) model. The investment approach questions the … approximations of firm-level investment returns. The evidence that characteristics dominate covariances in horse races does not …” expected returns; the investment approach is no more and no less “causal” than the consumption approach in “explaining …

investor “rationality,” the relation must be “explained” by a risk (factor) model. The investment approach questions the … approximations of firm-level investment returns. The evidence that characteristics dominate covariances in horse races does not …” expected returns; the investment approach is no more and no less “causal” than the consumption approach in “explaining …

constitutes a link between arbitrage choice theory and corporate investment theory, and shows that explicit discounting is not …This paper deals with capital budgeting decisions under uncertainty. We present an Aggregate Return On Investment (AROI …

The research paper tries to cover studies on investment behaviour, work by Harry Markowitz, Roy, Tobin, Sharpe, studies … creation and some Indian Empirical studies focusing on Effective Investment Management.The selection of an investment decision …, in literature and studies strongly attribute individualistic choices that influence investment decision, which are …

The paper aims to examine the effects of global economic policy uncertainty and monetary policy on corporate investment … that monetary policy, relative risk in fixed investment, and the risk-adjusted return gap between financial and fixed … uncertainty impedes real investment. In addition, findings also expect that investment depends on internal funds extracted from …