We present a model in which banks trade toxic assets to raise funds for investment. The toxic assets generate an … investment. While the best investments are fully funded, socially efficient projects with modest payoffs are not. Investment is … and may be counterproductive as a policy for increasing investment. By allowing banks to fund investments without having …

This paper analyses the effect of mandatory pollution abatement on U.S. corporate investment and performance and shows … that environmental regulation can stimulate investment in innovation. The following set of theoretical and empirical … results are presented. For financially unconstrained firms, mandatory pollution abatement leads to more current R&D investment …

.4% and, despite compensating with internal sources of funds, cut investment by 10.8% after standards. These findings …

a risk-return relationship in all investment opportunities. High-risk investment opportunities off er the possibility of … earning high returns. On the other hand, low-risk investment opportunities offer fixed low returns. Everyone seeks and uses … investment opportunities as per their risk profile. Shares and shares linked securities are considered high-risk securities, and …

We study the impact of a financial transaction tax (FTT) in a model that combines asset trade and real investment. An …

This essay surveys the body of research that asks how the efficiency of corporate investment is influenced by problems … that the marginal return to investment in firm i is the same as the marginal return to investment in firm j? Second, do … capital budgeting process get within-firm allocations right, so that the marginal return to investment in firm i's division A …

Over the past decade, a number of researchers have extended conventional models of business fixed investment to … incorporate a role for financial constraints' in determining investment. This paper reviews developments and challenges in this … challenges. First, I describe analytical underpinnings of models of capital-market imperfections in the investment process, and …