Corporate investment and stock market listing: A puzzle?

J Asker, J Farre-Mensa… - The Review of Financial …, 2015‏ - academic.oup.com
We investigate whether short-termism distorts the investment decisions of stock market-listed
firms. To do so, we compare the investment behavior of observably similar public and private …

Political connections, financing friction, and corporate investment: Evidence from Chinese listed family firms

N Xu, X Xu, Q Yuan - European Financial Management, 2013‏ - Wiley Online Library
Using a sample of Chinese family firms from 2000 to 2007, we investigate the investment
behaviour of family firms and the effects of these firms' political connectedness on their …

Financing constraints and the cost of capital: Evidence from the funding of corporate pension plans

JL Campbell, DS Dhaliwal… - The Review of Financial …, 2012‏ - academic.oup.com
We investigate the relation between firms' weighted average cost of capital and internal
financial resources, using mandatory pension contributions as a proxy for internal financial …

Comparing the investment behavior of public and private firms

J Asker, J Farre-Mensa, A Ljungqvist - 2011‏ - nber.org
We evaluate differences in investment behavior between stock market listed and privately
held firms in the US using a rich new data source on private firms. Listed firms invest less …

Employee earnings growth in the leisure and hospitality industry

T Dogru, S McGinley, N Line, P Szende - Tourism Management, 2019‏ - Elsevier
The purpose of this study is to examine whether base employee earnings in the leisure and
hospitality industry are competitive compared to other sectors of the economy. To these …

Corporate pension plans

JF Cocco - Annu. Rev. Financ. Econ., 2014‏ - annualreviews.org
This article reviews the rich and vast literature on defined-benefit (DB) corporate pension
plans. The analysis of how firms react to the taxation and regulation of pension plans and to …

Institutional investors and corporate investment

C Cella - Finance Research Letters, 2020‏ - Elsevier
Using investors' trading horizons to capture their incentives to collect information and
monitor management's decisions, this paper shows that an increase in the ownership stake …

How does corporate investment react to oil prices changes? Evidence from China

X Wu, Y Wang - Energy Economics, 2021‏ - Elsevier
We examine the relationship between oil prices and corporate investment, conditional on
market conditions. Using 27,981 firm-year observations covering 2814 listed firms from 2000 …

Do financing constraints lead to incremental tax planning? Evidence from the Pension Protection Act of 2006

JL Campbell, NC Goldman, B Li - Contemporary Accounting …, 2021‏ - Wiley Online Library
Over the past three decades, academic research has sought to understand how cash
shortfalls impact a firm's ability to take all available value‐increasing investment projects. We …

Excess cash holdings and investment: the moderating roles of financial constraints and managerial entrenchment

HJ Sheu, SY Lee - Accounting & Finance, 2012‏ - Wiley Online Library
Our study investigates the relationship between excess cash holdings and investment
behaviour under two dimensions of financial constraints and managerial entrenchment …