Firms’ investment policy

Ebook "International perspectives on accounting and corporate behavior" empirically analyzes the effects of globalization and localization of accounting rules on corporate behavior such as earnings management, signaling, investment behavior and dividend payout policy. The book unravels the economic consequences of disclosure based on the concept of self-disciplining enforcement such as management forecasts, environmental disclosures and risk disclosures by Japanese firms.

337p loivantrinh 29-10-2023 4 4   Download

Part 1 of ebook "Economics for investment decision makers: Micro, macro, and international economics" provides readers with contents including: Chapter 1 - Demand and supply analysis, introduction; Chapter 2 - Demand and supply analysis, consumer demand; Chapter 3 - Demand and supply analysis, the firm; Chapter 4 - The firm and market structures; Chapter 5 - Aggregate output, prices, and economic growth; Chapter 6 - Understanding business cycles; Chapter 7 - Monetary and fiscal policy;...

428p lytamnguyet 04-08-2023 8 5   Download

Part 1 of ebook "Economics for investment decision makers workbook: Micro, macro, and international economics" provides readers with contents including: learning outcomes, summary overview, and practice problems of demand and supply analysis; the firm and market structures; aggregate output, prices, and economic growth; understanding business cycles; monetary and fiscal policy; international trade and capital flows;...

100p lytamnguyet 04-08-2023 7 5   Download

The purpose of paper "Does corporate culture affect investment efficiency? Evidence from an emerging market" is to test whether corporate culture can ameliorate the level of firm investment efficiency by eliminate over and under-investment activities of managers in an emerging market.

19p nhanchienthien 25-07-2023 5 5   Download

The paper "The challenges faced by developing countries regarding transfer pricingregulation - A case study of Vietnam" offers a broad and complete interdisciplinary vision, not only from policy makers, tax authorities but enterprises and consultant firms such as Big 4 towards the change in current transfer pricing regulation. Besides giving comments on new law in Vietnam, we foresee the change in transfer pricing regime of developing countries in future.

8p nhanchienthien 25-07-2023 4 4   Download

The paper is organized as follows. Section 2 presents the policy shock background and literature review. Section 3 describes data sources, empirical strategies, and analytical results. Section 4 addresses two identification concerns and presents a placebo test. Section 5 summarizes key findings of this research, discusses policy implications, and points out possible future research directions.

34p nguaconbaynhay12 08-06-2021 7 1   Download

Chapter 22 - Spending, output, and fiscal policy. After completing this unit, you should be able to: Identify the key assumptions of the basic Keynesian model and explain how this affects firms' production decisions; discuss the determination of planned investment and aggregate consumption spending and how these concepts are used to develop a model of planned aggregate expenditure; analyze how an economy reaches short-run equilibrium in the basic Keynesian model, using both numbers and graphs,…

46p tradaviahe15 23-02-2021 16 1   Download

In this chapter, students will be able to understand: Financial institutions serve as intermediaries between savers and borrowers, so their assets and liabilities are primarily financial instruments, these institutions pool funds from people and firms who save and lend them to people and firms who need to borrow, intermediaries investigate the financial condition of the individuals and firms who want financing to figure out which have the best investment opportunities.

43p tradaviahe15 23-02-2021 20 3   Download

Chapter 18 - Spending, output, and fiscal policy. After completing this unit, you should be able to: Identify the key assumptions of the basic Keynesian model and explain how this affects firms' production decisions; discuss the determination of planned investment and aggregate consumption spending and how these concepts are used to develop a model of planned aggregate expenditure; analyze how an economy reaches short-run equilibrium in the basic Keynesian model, using both numbers and graphs,…

20p nanhankhuoctai10 23-07-2020 20 2   Download

This paper examines whether and to what extent the Vietnamese economy have been suffering and is still suffering from a credit crunch in the context of its dynamic growth.

16p vikiba2711 12-05-2020 25 1   Download

This paper theoretically and empirically explores the reason why Chinese enterprises engage in inefficient investment from the government’s grabbing hand perspective on a large sample of 8501 firm-year observations between 2003 and 2011. The results suggest that influenced by the grabbing hand of local officials, private enterprises exhibit significantly higher investment distortion and inefficiency in terms of overinvestment and underinvestment than the enterprises controlled by the governments at all levels.

39p trinhthamhodang2 21-01-2020 33 2   Download

Corporate managers over the years have been confronted with the task of making decisions relating to financing, investment, dividend policy and social responsibility expenditure on behalf of their shareholders. However, decision about corporate social responsibility and its relationship with performance of firms has been a subject of unending debate among scholars. This study therefore provides evidence using companies listed on the Ghana Stock Exchange.

18p trinhthamhodang2 21-01-2020 45 1   Download

The goal of this short paper is to provide evidence on how investment companies have changed the composition of their balance sheets across the recent financial crisis. For a large sample of United States brokers/dealers and asset managers, we analyze the information reported in the filings to the Securities and Exchange Commission (SEC). We observe that, the firms in the sample have shrunk the size of their assets through de-leveraging. The crisis though, has not induced firms to change substantially their financing structures.

15p trinhthamhodang2 21-01-2020 23 2   Download

This paper examines the impact of diversity in board members of firms on financial distress risk in China from 2005 to 2015. Using data from CSMAR database, the research finds that firms with women directors will decrease their distress risk by one forth. Such firms enjoy access to bank loans with larger size, from more banks and at higher frequencies to resist funding risk, which implies stronger financing ability and confirms gender diversity effect.

1p chauchaungayxua2 19-01-2020 20 0   Download

Studies examining dividend policy within a developing market in the context of hyperinflation and dollarization are scarce. This study investigates the possibility of non-linearity in the determinants of corporate dividend policy; assessed how dividend policy is affected by other financial decisions and tests the applicability of the Lintner model. Panel ordinary least squares (OLS) and generalized methods of moments (GMM) techniques were employed for Zimbabwe listed, 2000 to 2016. The Lintner model is applicable under hyperinflation only and it can be specified as a non-linear function.

24p chauchaungayxua2 19-01-2020 17 2   Download

This paper investigates the relationship between foreign direct investment (FDI) and the productivity of domestic firms in Vietnam. We find evidence of productivity externalities through vertical linkages with joint venture foreign investors in both upstream and downstream sectors. We also identify productivity effects associated with technology transfers from upstream wholly foreign-owned firms. This is the first time that evidence of productivity effects due to forward linkages has been identified in a developing country context.

28p nguaconbaynhay2 07-01-2020 29 2   Download

Local business firms have proved their roles in place development by no means less important than the FDI sector, hence they are key target customer of local government in place development. From place marketing approach, this study explores the effectiveness of active local government involvement in tourism development by determining how 76 local tourism firms assess the planning initiative of local government, their policy framework in developing tourism, the implementation of such policy and operation program and some other forms of government involvement.

12p chauchaungayxua2 04-01-2020 12 0   Download

This paper uses a principal-agent framework to analyze the tension between incentives for specific investment by the agent, and resource allocation that is optimal from the principal’s perspective. The analysis considers a decentralized firm in which central management can institute different transfer pricing policies to motivate divisional managers to undertake investment and production decisions.

19p vimadrid2711 18-12-2019 8 2   Download

The thesis provides theoretical findings that the application of carbon taxation has the negative effect that lowering the investment level of the firm, however, at the same time, it also has the positive effect of restricting investors with low technology level and encouraging investors with higher technology level at the same carbon tax rate. Thus, if the carbon tax is used as a regulatory tool, the government may develop policies that will encourage high-tech investors leading to the higher quality of foreign investment in Vietnam.

125p dungmaithuy 18-09-2019 15 1   Download

The thesis provides theoretical findings that the application of carbon taxation has the negative effect that lowering the investment level of the firm, however, at the same time, it also has the positive effect of restricting investors with low technology level and encouraging investors with higher technology level at the same carbon tax rate. Thus, if the carbon tax is used as a regulatory tool, the government may develop policies that will encourage high-tech investors leading to the higher quality of foreign investment in Vietnam.

20p dungmaithuy 18-09-2019 18 1   Download