We contribute to the financial constraints literature and the investment-cash flow sensitivity
debate by defining a new and simple index of firm level financial constraints for unquoted …

Investment across the euro area remains below its pre-crisis level. Its performance has been
weaker than in most previous recessions and financial crises. This paper shows that a part …

This paper investigates the financing conditions of non-financial corporations in the euro
area. We develop a new firm classification based on micro-data by distinguishing between …

By investigating trade credit usage among SMEs and large companies following the
macroeconomic shock of the financial crisis of 2007/08, we identify a firm size effect, which is …

This study presents an effort to summarize evidence on literature about the effect of financial
reporting practices on investment decisions. Regulatory interventions/changes impact …

Purpose The purpose of this paper is to examine the effect of debt holdings on the sensitivity
of firms' investment to availability of internal funds. Design/methodology/approach For a …

In this work, we analyze the relation between environmental risks and firms' investments,
and whether this relationship is different for green firms. We merge balance sheet and …

Research background: Overconfidence is one of the biases and fallacies that affect a
cognitive process. Indeed, overconfidence has some serious consequences even in …

This article investigates the investment cash flow sensitivity (ICFS) and the effect of leverage
on the firms' ICFS by using data from 66 non-financial companies from Muscat Securities …

Many countries have experienced major economic changes since the mid-1980s as a result
of the deregulation and liberalization of national financial systems—two key aspects of …