This study examines the role of financing constraints in explaining outward FDI decisions using unique firm level panel data on Indian manufacturing during the period 2007-2014. We consider the role of both internal finance and external finance in firm decisions on outward FDI and employ...

This study examines the role of financing constraints in explaining outward foreign direct investment (FDI) using unique firm-level panel data on Indian manufacturing during the period 2007–2014. We consider the role of both internal and external finance, and employ instrumental variable...

This study examines the extent to which financing constraints affect the research and development (R&D) expenditure of Indian manufacturing firms during the period 1991–2011. Using dynamic R&D investment model, we find significant positive relationship between a firm's R&D expenditure and...