the relationship between financial reporting quality and investment efficiency in companies listed on Egyptian stock exchange: An Empirical Study [PDF]
Maǧallaẗ Al-Buḥūṯ Al-TiǧāriyyaẗThis study aimed to measure the impact of the quality of financial reports on investment efficiency. Depending on a sample of (96) companies listed on the Egyptian Stock Exchange for the period (2013-2018) and the two-way fixed effects method, the study ...
احمد رافت محمد خليل
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Empire-Building, Underinvestment and Capital Gain Taxation [PDF]
, 2010 This note provides an explanation for why tax rates on captial gains are usually lower than ordinary income tax rates based on manager's agency problem related to "empire-building" and the underinvestment ...
Miglo, Anton
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Are we underinvesting in education?
EFORT Open Reviews, 2023 Surgical education used to be simple. ‘See one, do one, teach one’ was Halsted’s (1852–1922) philosophy and for the better parts of the 19th and 20th centuries that was to be the way forward (1). Back in the day, students of surgery would actually pay the master for the educational expertise he dispensed.
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Endogenous Uncertainty: Does Investment Inefficiency Contributes to Uncertainty?
Buletin Ekonomi Moneter dan PerbankanWe investigate the endogenous relationship between firm-level investments and macro-level uncertainty for U.S publicly listed firms from 1996 Q1 to 2019 Q4. Based on the Vector AutoRegressive analysis, we learn that underinvestment tends to increase news-
Rita Juliana +3 more
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Cross-Racial Envy and Underinvestment in South Africa [PDF]
SSRN Electronic Journal, 2006 Trust games are employed to investigate the effect of heterogeneity in income and race on cooperation in South Africa. The amount of socio-economic information available to the subjects about their counterparts is varied. No significant behavioural differences are observed, when no such information is provided.
Daniel Haile +2 more
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The Investigation of the Relationship between the Value of Cash Holding and EVA Performance Evaluation of Companies Listed in Tehran Stock Exchange [PDF]
راهبرد مدیریت مالی, 2016 This paper investigates the effect of the economic value added (EVA) performance evaluation on the value of the cash holdings of Tehran Stock Exchange firms.
Ghazaleh Razeghi, Zahra Amirhosseini
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Infrastructure quality in deregulated industries: is there an underinvestment problem? [PDF]
International Journal of Industrial Organization, 2004 We investigate how various institutional settings affect a network provider’s incentives to invest in infrastructure quality. Under reasonable assumptions on demand, investment incentives turn out to be smaller under vertical separation than under vertical integration, though we also provide counter-examples.
Buehler, Stefan +2 more
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Persistent Underinvestment in Public Agricultural Research [PDF]
Agricultural Economics, 1986 AbstractIt is often argued that public support of agricultural research is inadequate. However, the empirical papers that support this hypothesis rarely reflect formal behavioral theory capable of explaining this phenomenon. This paper presents a theory that explains underfunding, namely, that funding agencies respond too slowly to secular changes in ...
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Are financially sophisticated CEO’s more efficient when it comes to investing?
Revista Contabilidade & FinançasThis study aims to examine the relationship between the financial sophistication (FS) of the Chief Executive Officer (CEO) and the efficiency of corporate investments using empirical analysis in a sample of 189 companies listed on the B3 S.A.
Márcio Fernando da Silva +1 more
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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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