Working Capital Management in Indonesia: An Analysis on Over-investment and Under-investment Firms
This study aims to examine the existence of excess working capital in Indonesian firms and its effect on the firms’ performance and risk. The sample includes 425 firm-year observations of Indonesian manufacturing firms for the period 2010 – 2014.
Rahmat Heru Setianto, Adinda Pratiwi
doaj +1 more source
Impact of Economic, Energy and Climate Policy Uncertainties on Multiple Energy Transition Pathways
ABSTRACT Achieving net‐zero and sustainable energy goals requires policy frameworks resilient to economic, energy and climate policy uncertainty. This study examines how these uncertainties, alongside globalisation, capital intensity and environmental regulatory stringency, shape three energy transition pathways across OECD countries (1991–2020): the ...
Shahzad Alvi
wiley +1 more source
Underinvestment in agricultural research
This year marks the 20th anniversary of the inception of ASTI. During this time, governments, donors, and international organizations have used ASTI’s evidence to guide agricultural research investment and policy decisions, to assess areas of ...
Beintema, Nienke M.
core +2 more sources
POLITICAL CONNECTIONS, CORPORATE GOVERNANCE AND INVESTMENT EFFICIENCY: EVIDENCE FROM MALAYSIAN FIRMS
This study investigates the moderating role of corporate governance in the relationship between political connections and investment efficiency. Using a sample of Malaysian publicly listed firms from 2001- 2017, we find that political connections are ...
Kang Wan Tan, Mei Foong Wong
doaj +1 more source
State control, access to capital and firm performance
We study the effect of state control on capital allocation and investment in China, where the government screens prospective stock issuers. We find that state firms are more likely to obtain government approval to conduct seasoned equity offerings than ...
Oliver Zhen Li, Xijia Su, Zhifeng Yang
doaj +1 more source
Underinvestment and Market Structure [PDF]
This paper analyses a dynamic game of investment in R&D or advertising, where current investments change future market conditions. It investigates whether underinvestment can be supported in equilibrium by the threat of escalation in investment outlays ...
Volker Nocke
core
Climate Justice in Sub‐Saharan Africa: Unequal Burdens and Pathways to Socially Just Adaptation
ABSTRACT Climate change in Sub‐Saharan Africa is often framed through vulnerability, resilience, and adaptation, yet these concepts alone do not fully explain the unequal social, economic, and political conditions shaping climate harm. This review examines climate change through a climate justice lens, focusing on unequal burdens, household welfare ...
Jacob Kwakye, Abraham Kwao
wiley +1 more source
The impact of generative artificial intelligence on innovation: Evidence from software products
Abstract Research Summary We study the impact of generative artificial intelligence (GAI) tools on product‐level innovation outcomes in the context of software products. Specifically, we illustrate how GAI can alter the direction of innovation by shifting the activities of developers away from generational innovation and toward original innovation ...
Erdem Doğukan Yılmaz, Tim Meyer
wiley +1 more source
Does the digital transformation of group finance companies boost subsidiary investment efficiency?
The digital transformation of financial institutions can shape corporate investment behavior. However, existing research has largely focused on external financial markets, paying limited attention to the role of internal capital markets.
Hai Ding, Wenbo Zhu, Huiqing Gao
doaj +1 more source
Determinants of Corporate Demand for Property Insurance [PDF]
Motive for the purchase of insurance by individuals is differing among the firms. Risk aversion is the main motive for the purchase of insurance by individuals. But, incentive to purchase of insurance by firms is affected by many factors.
Saied sehhat +2 more
doaj

