investment at the micro level. What is not clear is whether and how property rights protection affects a firm's allocation of … investment across industries for a given size of investment. In this paper, using a survey data set of private enterprises in … several possible channels through which property rights protection may affect the allocation of investment across industries …

This paper delves further into the link between residual government ownership and corporate investment efficiency in … lower level of investment efficiency. The finding suggests that government ownership is less beneficial in privatized firms …

positive role in a firm’s investment policies, which is inconsistent with the notion of short-termism. Additionally, the degree … to which public markets encourage investment varies positively with countries’ institutional quality. We reconcile the …

We evaluate differences in investment behavior between stock market listed and privately held firms in the U.S. using a … rich new data source on private firms. Listed firms invest less and are less responsive to changes in investment … firms, how we measure investment opportunities, lifecycle differences, or our matching criteria. We suggest that the …

Using data from U.S. corporate tax returns, we investigate the differential investment propensities of public and … private firms. Tax return data uniquely provide rich detail on corporate investment reported under identical standards and is … firms increase their R&D investment following their IPO. Our findings suggest that contrary to fears of ”short- termism …

and Growth Trust (PRGT) financing matters for the path of investment. Following a GRA arrangement, investments start to …

Private investment in Malaysia has been sluggish since the Asian Financial Crisis. One explanation is that the growing … presence of state-owned enterprises (SOEs) or government-linked corporations (GLCs) has been crowding out private investment …. For the first time, we provide empirical evidence on the relationship between GLC presence and private investment …