Results 11 to 20 of about 8,186 (320)
Underinvestment in agricultural research [PDF]
This year marks the 20th anniversary of the inception of ASTI. During this time, governments, donors, and international organizations have used ASTIâs evidence to guide agricultural research investment and policy decisions, to assess areas of underinvestment, to identify capacity gaps and training needs, and to demonstrate the returns to agricultural
http://orcid.org/0000-0001-6618-6387 Beintema, Nienke +1 more
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Underinvestment, capital structure and strategic debt restructuring [PDF]
We show that the shareholders' option to renegotiate debt in a period of financial distress exacerbates Myers' (1977) underinvestment problem. This result is a consequence of a higher wealth transfer from shareholders to creditors occurring upon investment in the presence of the option to renegotiate.
Grzegorz Pawlina, Pawlina, G
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There is a lack of understanding of the theory of the Tragedy of the Anticommons (ToA), a type of coordination breakdown or a hold-out problem involving multiple fragmented co -proprietorships with undivided shares, in the land partition context.
Gabriel Hoh Teck Ling +6 more
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The interplay of real earnings management and investment efficiency: Evidence from the U.S.
The main objective of this study is to empirically examine the impact of REM on various aspects of investment efficiency, including overinvestment and underinvestment.
Nedal Assad +2 more
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Underinvestment, capital structure and strategic debt restructuring [PDF]
This paper shows that shareholders' option to renegotiate debt in a period of financial distress exacerbates Myers' (1977) underinvestment problem at the time of the firm's expansion.
Pawlina, G
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"Underinvestment Problem: Romanian Evidence " [PDF]
This paper aims to provide Romanian firm-level evidence concerning the investment decisions - financial leverage - growth opportunities relation. Using traditional panel data techniques on a sample of 67 companies listed at Bucharest Stock Exchange, we found that increasing debt and firm size have a negative impact on investment decisions, while the ...
Claudiu Botoc, Cosmin Enache
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KUALITAS PELAPORAN KEUANGAN, MEKANISME GOVERNANCE, DAN EFISIENSI INVESTASI [PDF]
Abstrak: Kualitas Pelaporan Keuangan, Mekanisme Governance, dan Efisiensi Investasi. Penelitian ini bertujuan untuk menguji hubungan antara kualias pelaporan keuangan dengan efisiensi investasi di ASEAN.
Ulum Tri Handayani +2 more
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Suboptimal investments and M&A deals in emerging capital markets [PDF]
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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The effects of financial leverage and debt maturity on the investments of Brazilian electric sector companies [PDF]
Purpose – This research aimed to verify how companies of the electric energy segment choose levels of financial leverage and debt maturity in order to alleviate the underinvestment problem.
Aline Kuroda +2 more
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Static and Dynamic Underinvestment: An Experimental Investigation [PDF]
In this paper we design a stylized version of an environment with public goods, dynamic linkages, and legislative bargaining. Our theoretical framework studies the provision of a durable public good as a modified version of Battaglini et al. (2012). We develop an experimental design that allows us to disentangle inefficiencies that would result in a ...
Agranov, Marina +3 more
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