China's Overinvestment and International Trade Conflicts [PDF]
China & World Economy, 2019 AbstractFor a long time, China's impressive growth performance has been driven by investment and high productivity gains. Based on a discussion of possible overcapacities and overinvestment in China, this paper investigates the sustainability of China's investment and export‐driven growth model. Since the turn of the millennium, buoyant capital inflows
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Nationalizations and effciency [PDF]
, 2009 We develop a theoretical model in which ?rms are either private or state-owned. When ?rms become insolvent, the government can intervene with general measures, like subsidies, or by nationalizing ?rms.
Crivelli, Ernesto, Staal, Klaas
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Over-Investment, the Marginal Value of Cash Holdings and Corporate Governance [PDF]
بررسیهای حسابداری و حسابرسی, 2017 This study examines the relationship between marginal value of cash holdings and overinvestment as well as corporate governance of firms in the capital market (i.e. Tehran Stock Exchange).
Seyyed Mahmoud Mousavi Shiri +2 more
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When affective well-being is empowered : the joint role of leader-member exchange and the employment relationship [PDF]
, 2016 HRM and the leader are often assumed to play a joint role in affecting employee reactions. In a multilevel, time-lagged study, we examined the joint role of the employment relationship and leader-member exchange.
Audenaert, Mieke +2 more
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Long-term Debts and Overinvestment in Cash and Capital Expenditures: An Agency Perspective [PDF]
مطالعات تجربی حسابداری مالی, 2012 Managers' tendency to overinvestment is one of the agency costs that due to conflict of Interests between managements and shareholders the firms are encountered with.
Javad MOradi, Ahmad Rahmanian
doaj
Earnings Quality and Investment Efficiency: Evidence from Eastern Europe
Review of Economic Perspectives, 2017 This study explores the firm-level relationship between earnings quality and investment efficiency. Higher quality of reported results has the capacity to positively impact the efficiency of company’s investment levels by over- and underinvestment ...
Cherkasova Victoria, Rasadi Daryush
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Suboptimal investments and M&A deals in emerging capital markets [PDF]
Ekonomski Anali, 2016 This paper focuses on the efficiency of target-company investment decisions before and after Merger & Acquisition deals. We study whether M&A deals help to solve the problem of suboptimal investment after the acquisition.
Cherkasova Victoria, Zakharova Evgeniya
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Financial Market Imperfection, Overinvestment and Speculative Precaution [PDF]
SSRN Electronic Journal, 2004 À l'aide de données de panel, l'auteur évalue la sensibilité de l'investissement des entreprises non financières À leurs flux de trésorerie en tenant compte du rôle que leur santé financière joue dans leurs décisions d'investissement. Les entreprises sont classées au moyen d'un indicateur contemporain du stress financier qui est inversement lié À la ...
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A study of the impact of information disclosure quality on the efficiency of corporate investment—Based on civil engineering listed companies [PDF]
E3S Web of Conferences, 2020 Most of the existing studies on the impact of disclosure quality of listed companies on the investment efficiency of enterprises are based on the static level, and the article investigates the evolution of disclosure quality on the investment efficiency ...
Zhang Liying
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Takeover Vulnerability and the Discipline of ESG Overinvestment
Business Strategy and the Environment, EarlyView.ABSTRACT While takeovers serve a disciplinary role by replacing inefficient managers, the threat of takeovers may compel firms to divert attention from Environmental, Social and Governance (ESG) efforts as a strategic response to external pressure, especially when such firms are already overinvesting in ESG.
Abongeh Tunyi +2 more
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