Does CEO managerial ability matter? Evidence from corporate investment efficiency
Sign Up to like & getrecommendations! Published in 2019 at "Review of Quantitative Finance and Accounting"
DOI: 10.1007/s11156-018-0737-2
Abstract: This study investigates how higher ability CEOs behave differently from lower ability CEOs in making investment decisions and, particularly, whether CEO managerial ability contributes to improved investment efficiency. I show evidence that more able CEOs… read more here.
Keywords: ability; investment efficiency; managerial ability; ceo managerial ... See more keywords
Computer simulation of investment efficiency function model based on GMM method and artificial intelligence
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Ambient Intelligence and Humanized Computing"
DOI: 10.1007/s12652-021-03112-0
Abstract: Traditional investment efficiency evaluation methods mostly focus on single-stage investment portfolio evaluation, and there is no comprehensive theoretical analysis method in multi-stage investment evaluation. Therefore, the construction of a scientific and reasonable multi-stage investment portfolio… read more here.
Keywords: gmm method; based gmm; investment efficiency; model ... See more keywords
Financing and monitoring in an emerging economy: Can investment efficiency be increased?
Sign Up to like & getrecommendations! Published in 2017 at "China Economic Review"
DOI: 10.1016/j.chieco.2017.05.012
Abstract: This study investigates the influence of the financial system on firms' investment efficiency in China. For this purpose, we employ country level data of capital markets and financial institutions along with financial data from 2797… read more here.
Keywords: financing monitoring; investment; monitoring emerging; investment efficiency ... See more keywords
Financing constraints and investment efficiency: evidence from a panel of Canadian forest firms
Sign Up to like & getrecommendations! Published in 2018 at "Applied Economics"
DOI: 10.1080/00036846.2018.1478387
Abstract: ABSTRACT This article examines the financial constraint of 18 listed Canadian forest firms between 2000 and 2014 following the stochastic frontier approach. Empirical results support the observation that Canadian forest firms have a strong dependence… read more here.
Keywords: investment efficiency; financing constraints; forest firms; canadian forest ... See more keywords
Financing inventories with an investment efficiency objective: ROI-maximising newsvendor, bank loans and trade credit contracts
Sign Up to like & getrecommendations! Published in 2021 at "International Journal of Production Research"
DOI: 10.1080/00207543.2021.1987555
Abstract: Our work offers an understanding of how capital efficiency metrics, such as Return-on-Investment (ROI), affect orders at a stand-alone single stocking stage under demand uncertainty or within bilat... read more here.
Keywords: investment; roi; inventories investment; efficiency ... See more keywords
Does audit quality affect firms’ investment efficiency?
Sign Up to like & getrecommendations! Published in 2018 at "Journal of the Operational Research Society"
DOI: 10.1080/01605682.2018.1489357
Abstract: Abstract This study investigates the effect of audit quality on firm investment efficiency for 125 French-listed companies over 2008–2015. It uses parametric and non-parametric measures of firm investment efficiency, based on residuals extracted from the… read more here.
Keywords: investment; quality; investment efficiency; audit quality ... See more keywords
Environmental information disclosure and Labour investment efficiency
Sign Up to like & getrecommendations! Published in 2020 at "Applied Economics Letters"
DOI: 10.1080/13504851.2020.1861199
Abstract: This article examines the correlation between environmental information disclosure and labour investment efficiency (LIE) using a sample of 343 Chinese-listed companies from 2015 to 2019. Empirical... read more here.
Keywords: disclosure labour; information disclosure; environmental information; labour investment ... See more keywords
Foreign ownership and investment efficiency: new evidence from an emerging market
Sign Up to like & getrecommendations! Published in 2020 at "International Journal of Emerging Markets"
DOI: 10.1108/ijoem-07-2019-0573
Abstract: This paper investigates the effect of foreign ownership on corporate investment efficiency in an emerging market.,This paper employs the investment-investment opportunities sensitivity to proxy for investment efficiency. Corporate investment and investment opportunities are measured by… read more here.
Keywords: market; investment; foreign ownership; investment efficiency ... See more keywords
Islamic banking and corporate investment efficiency: empirical evidence from Malaysia
Sign Up to like & getrecommendations! Published in 2021 at "International Journal of Productivity and Performance Management"
DOI: 10.1108/ijppm-06-2020-0331
Abstract: PurposeThe purpose of this paper is to examine whether and how Islamic banks' financing affects corporate investment efficiency.Design/methodology/approachTo achieve the research purpose, an empirical model was constructed to describe the relationship between Islamic banks' financing… read more here.
Keywords: banks financing; corporate investment; investment efficiency; islamic banks ... See more keywords
An Empirical Analysis of Analysts' Capital Expenditure Forecasts: Evidence from Corporate Investment Efficiency*
Sign Up to like & getrecommendations! Published in 2020 at "Contemporary Accounting Research"
DOI: 10.1111/1911-3846.12597
Abstract: We examine whether the information conveyed in a relatively new analyst research output — capital expenditure (capex) forecasts — affects corporate investment efficiency. We find that firms with analyst capex forecasts exhibit higher investment efficiency.… read more here.
Keywords: corporate investment; investment; capital expenditure; capex forecasts ... See more keywords
Financing Constraints and Investment Efficiency in Canadian Real Estate and Construction Firms: A Stochastic Frontier Analysis
Sign Up to like & getrecommendations! Published in 2021 at "SAGE Open"
DOI: 10.1177/21582440211031502
Abstract: This article models the behavior of 179 listed and unlisted real estate and construction firms (RECFs) in Canada to study how financial constraints impact the investment efficiency of these real estate firms during the 2004–2020… read more here.
Keywords: investment; financing constraints; investment efficiency; real estate ... See more keywords