Does it matter for domestic investment whether a country's financial system is bank based or stock-market based? This … paper posits that financial intermediation affects domestic investment notably by alleviating financing constraints …, allowing firms to increase investment in response to increased demand for output. The key result is that the structure of the …

, such as increasing retail participation, promoting sustainable investment, and removing barriers to cross-border activities …. Starting from their specific business model, investment decisions are driven by multiple factors, such as assets and …-term investment. With the growing importance of sustainability factors, significant changes in their asset allocation and risk …