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Is debt overhang causing firms to underinvest?

Economic Commentary, 2010
Many economists have suggested that the weakness of corporate balance sheets is constraining business spending and investment, and that this in turn is impeding growth and the recovery. High levels of debt can depress spending and investment through several channels.
openaire  

Ownership structure, overinvestment and underinvestment: Evidence from Brazil

Research in International Business and Finance, 2019
Aline Damasceno Pellicani   +1 more
exaly  

Seeking Value Through Deviation? Economic Impacts of IT Overinvestment and Underinvestment

Information Systems Research, 2017
Feng TIAN, Sean Xin Xu, Joanna Ho
exaly  

Underinvestment and the design of performance-sensitive debt

International Review of Economics and Finance, 2015
Sudipto Sarkar, Chuanqian Zhang
exaly  

Does Financial Reporting Conservatism Mitigate Underinvestment?

Journal of Accounting, Auditing & Finance, 2019
Gerald J Lobo, Kim, Yongtae
exaly  

Self-managed firms and underinvestment

1997
Bruno Jossa, Gaetano Cuomo
openaire   +1 more source

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