The underinvestment problem under conglomeration
This theoretical paper explores whether the underinvestment problem is aggravated or ameliorated by the formation of a pure conglomerate. It establishes that the answer depends critically on the volatility of corporate assets.
David McMillan, Jacques A Schnabel
exaly +4 more sources
In recent years, underinvestment has become common among subsidised enterprises in China. Stakeholder theory asserts that environmental, social and governance (ESG) performance forces enterprises to prioritise stakeholder needs by incorporating ESG ...
Lian Kee Phua, Xiaoqian Wang
exaly +4 more sources
European Union underinvestment in endometriosis research
Background: Endometriosis is considered one of the conditions that receives disproportionately low research funding relative to its burden. However, the volume of funding provided by the European Commission (EC) for this disease in the last decades is ...
Paola Viganò +2 more
doaj +2 more sources
Underinvestment in diagnostic and vaccine research & development has put the world at greater risk from the Bundibugyo virus epidemic in 2026. [PDF]
Ly H.
europepmc +3 more sources
Underinvestment, Corporate Power and Health Promotion's Moral Jeopardy. [PDF]
Lunnay B, Hallett J, Crawford G.
europepmc +2 more sources
The heavy tail of extreme pain exacerbates health inequality: evidence from cluster headache underinvestment [PDF]
Research on health inequality has traditionally focused on metrics such as years of life lost and disability-adjusted life years. This paper argues that current metrics systematically undervalue health conditions causing extreme pain to patients. Cluster
Alfredo Parra-Hinojosa +2 more
doaj +2 more sources
Managerial overconfidence, internal financing and investment [PDF]
Corporate investment decisions are determined by a variety of factors, including various managerial measures, including overconfidence of managers, which are important determinants of corporate investment decisions.
Shahnaz Mashayekh, Fatemeh Morshedi
doaj +1 more source
Motivated by agency and stakeholder theories, this study aims to investigate the effect of corporate governance quality as measured by a single index on investment efficiency in the six Arab Gulf countries, commonly known as Gulf Cooperation Council (GCC)
Adam Yahya Jafeel +3 more
doaj +1 more source
Financial Reporting Quality, Debt Maturity, and Chief Executive Officer Career Concerns on Investment Efficiency [PDF]
The purpose of this research is to investigate the effect of financial reporting quality, debt maturity, and CEO career concerns on investment efficiency in Indonesia. This study used a sample of 680 observations from non-financial companies in Indonesia
Darlin Aulia, Sylvia Veronica Siregar
doaj +1 more source
Investigating the Effect of Institutional Ownership and Ownership Concentration on Labor Investment Efficiency [PDF]
Objective: Efficient investment in human resources and the factors affecting it are among the topics receiving less attention in the academic literature.
Gholamreza Karami +2 more
doaj +1 more source

