Investment and Liquidity Constraints: Empirical Evidence for Germany
During the last decade, exploring the link between financial factors and investment has become a major field of theoretical and empirical publications. Some empirical findings indicate that young, fast growing, low dividend paying firms are faced with more liquidity constraints than other firms and...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Wiesbaden
Deutscher Universitätsverlag
2003
|
| Edition: | 1st ed. 2003 |
| Series: | neue betriebswirtschaftliche forschung (nbf)
318 |
| Subjects: | |
| Online Access: | BTU01 Volltext |
| Summary: | During the last decade, exploring the link between financial factors and investment has become a major field of theoretical and empirical publications. Some empirical findings indicate that young, fast growing, low dividend paying firms are faced with more liquidity constraints than other firms and therefore show stronger reactions concerning investments to changes of their internal financial flow. Andreas Behr explores the role of financial factors in a firm's investment decision. He applies the Q-theory of investment to a unique database of German firms (the Deutsche Bundesbank's Corporate Balance Sheet Statistics) covering balance sheet data of 2 314 firms. The empirical results show a strong and significant influence of the calculated Q. |
| Physical Description: | 1 Online-Ressource (XIV, 167 p) |
| ISBN: | 9783322820105 |
| DOI: | 10.1007/978-3-322-82010-5 |
Staff View
MARC
| LEADER | 00000nmm a2200000zcb4500 | ||
|---|---|---|---|
| 001 | BV046873846 | ||
| 003 | DE-604 | ||
| 005 | 00000000000000.0 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 200828s2003 |||| o||u| ||||||eng d | ||
| 020 | |a 9783322820105 |9 978-3-322-82010-5 | ||
| 024 | 7 | |a 10.1007/978-3-322-82010-5 |2 doi | |
| 035 | |a (ZDB-2-SBE)978-3-322-82010-5 | ||
| 035 | |a (OCoLC)1073827058 | ||
| 035 | |a (DE-599)BVBBV046873846 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-634 | ||
| 082 | 0 | |a 332 |2 23 | |
| 084 | |a QP 720 |0 (DE-625)141929: |2 rvk | ||
| 100 | 1 | |a Behr, Andreas |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Investment and Liquidity Constraints |b Empirical Evidence for Germany |c by Andreas Behr |
| 250 | |a 1st ed. 2003 | ||
| 264 | 1 | |a Wiesbaden |b Deutscher Universitätsverlag |c 2003 | |
| 300 | |a 1 Online-Ressource (XIV, 167 p) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a neue betriebswirtschaftliche forschung (nbf) |v 318 | |
| 520 | |a During the last decade, exploring the link between financial factors and investment has become a major field of theoretical and empirical publications. Some empirical findings indicate that young, fast growing, low dividend paying firms are faced with more liquidity constraints than other firms and therefore show stronger reactions concerning investments to changes of their internal financial flow. Andreas Behr explores the role of financial factors in a firm's investment decision. He applies the Q-theory of investment to a unique database of German firms (the Deutsche Bundesbank's Corporate Balance Sheet Statistics) covering balance sheet data of 2 314 firms. The empirical results show a strong and significant influence of the calculated Q. | ||
| 650 | 4 | |a Finance, general | |
| 650 | 4 | |a Finance | |
| 650 | 0 | 7 | |a Tobin-q |0 (DE-588)4211578-4 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Investitionsfunktion |0 (DE-588)4138341-2 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Schätzung |0 (DE-588)4193791-0 |2 gnd |9 rswk-swf |
| 651 | 7 | |a Deutschland |0 (DE-588)4011882-4 |2 gnd |9 rswk-swf | |
| 655 | 7 | |0 (DE-588)4113937-9 |a Hochschulschrift |2 gnd-content | |
| 689 | 0 | 0 | |a Deutschland |0 (DE-588)4011882-4 |D g |
| 689 | 0 | 1 | |a Investitionsfunktion |0 (DE-588)4138341-2 |D s |
| 689 | 0 | 2 | |a Tobin-q |0 (DE-588)4211578-4 |D s |
| 689 | 0 | 3 | |a Schätzung |0 (DE-588)4193791-0 |D s |
| 689 | 0 | |5 DE-604 | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |z 9783322820112 |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |z 9783824491278 |
| 856 | 4 | 0 | |u https://doi.org/10.1007/978-3-322-82010-5 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
| 912 | |a ZDB-2-SBE |a ZDB-2-BAE | ||
| 940 | 1 | |q ZDB-2-SBE_Archiv | |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-032283978 | ||
| 966 | e | |u https://doi.org/10.1007/978-3-322-82010-5 |l BTU01 |p ZDB-2-SBE |q ZDB-2-SBE_Archiv |x Verlag |3 Volltext | |
Record in the Search Index
| _version_ | 1804181724483026944 |
|---|---|
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author | Behr, Andreas |
| author_facet | Behr, Andreas |
| author_role | aut |
| author_sort | Behr, Andreas |
| author_variant | a b ab |
| building | Verbundindex |
| bvnumber | BV046873846 |
| classification_rvk | QP 720 |
| collection | ZDB-2-SBE ZDB-2-BAE |
| ctrlnum | (ZDB-2-SBE)978-3-322-82010-5 (OCoLC)1073827058 (DE-599)BVBBV046873846 |
| dewey-full | 332 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 332 - Financial economics |
| dewey-raw | 332 |
| dewey-search | 332 |
| dewey-sort | 3332 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.1007/978-3-322-82010-5 |
| edition | 1st ed. 2003 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02824nmm a2200553zcb4500</leader><controlfield tag="001">BV046873846</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">200828s2003 |||| o||u| ||||||eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9783322820105</subfield><subfield code="9">978-3-322-82010-5</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1007/978-3-322-82010-5</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-2-SBE)978-3-322-82010-5</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1073827058</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV046873846</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-634</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">332</subfield><subfield code="2">23</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QP 720</subfield><subfield code="0">(DE-625)141929:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Behr, Andreas</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Investment and Liquidity Constraints</subfield><subfield code="b">Empirical Evidence for Germany</subfield><subfield code="c">by Andreas Behr</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">1st ed. 2003</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Wiesbaden</subfield><subfield code="b">Deutscher Universitätsverlag</subfield><subfield code="c">2003</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (XIV, 167 p)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">neue betriebswirtschaftliche forschung (nbf)</subfield><subfield code="v">318</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">During the last decade, exploring the link between financial factors and investment has become a major field of theoretical and empirical publications. Some empirical findings indicate that young, fast growing, low dividend paying firms are faced with more liquidity constraints than other firms and therefore show stronger reactions concerning investments to changes of their internal financial flow. Andreas Behr explores the role of financial factors in a firm's investment decision. He applies the Q-theory of investment to a unique database of German firms (the Deutsche Bundesbank's Corporate Balance Sheet Statistics) covering balance sheet data of 2 314 firms. The empirical results show a strong and significant influence of the calculated Q.</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Finance, general</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Finance</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Tobin-q</subfield><subfield code="0">(DE-588)4211578-4</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Investitionsfunktion</subfield><subfield code="0">(DE-588)4138341-2</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Schätzung</subfield><subfield code="0">(DE-588)4193791-0</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">Deutschland</subfield><subfield code="0">(DE-588)4011882-4</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="655" ind1=" " ind2="7"><subfield code="0">(DE-588)4113937-9</subfield><subfield code="a">Hochschulschrift</subfield><subfield code="2">gnd-content</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Deutschland</subfield><subfield code="0">(DE-588)4011882-4</subfield><subfield code="D">g</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Investitionsfunktion</subfield><subfield code="0">(DE-588)4138341-2</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="2"><subfield code="a">Tobin-q</subfield><subfield code="0">(DE-588)4211578-4</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="3"><subfield code="a">Schätzung</subfield><subfield code="0">(DE-588)4193791-0</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe</subfield><subfield code="z">9783322820112</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe</subfield><subfield code="z">9783824491278</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1007/978-3-322-82010-5</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-2-SBE</subfield><subfield code="a">ZDB-2-BAE</subfield></datafield><datafield tag="940" ind1="1" ind2=" "><subfield code="q">ZDB-2-SBE_Archiv</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-032283978</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1007/978-3-322-82010-5</subfield><subfield code="l">BTU01</subfield><subfield code="p">ZDB-2-SBE</subfield><subfield code="q">ZDB-2-SBE_Archiv</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
| genre | (DE-588)4113937-9 Hochschulschrift gnd-content |
| genre_facet | Hochschulschrift |
| geographic | Deutschland (DE-588)4011882-4 gnd |
| geographic_facet | Deutschland |
| id | DE-604.BV046873846 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T15:15:40Z |
| indexdate | 2024-07-10T08:56:12Z |
| institution | BVB |
| isbn | 9783322820105 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-032283978 |
| oclc_num | 1073827058 |
| open_access_boolean | |
| owner | DE-634 |
| owner_facet | DE-634 |
| physical | 1 Online-Ressource (XIV, 167 p) |
| psigel | ZDB-2-SBE ZDB-2-BAE ZDB-2-SBE_Archiv ZDB-2-SBE ZDB-2-SBE_Archiv |
| publishDate | 2003 |
| publishDateSearch | 2003 |
| publishDateSort | 2003 |
| publisher | Deutscher Universitätsverlag |
| record_format | marc |
| series2 | neue betriebswirtschaftliche forschung (nbf) |
| spelling | Behr, Andreas Verfasser aut Investment and Liquidity Constraints Empirical Evidence for Germany by Andreas Behr 1st ed. 2003 Wiesbaden Deutscher Universitätsverlag 2003 1 Online-Ressource (XIV, 167 p) txt rdacontent c rdamedia cr rdacarrier neue betriebswirtschaftliche forschung (nbf) 318 During the last decade, exploring the link between financial factors and investment has become a major field of theoretical and empirical publications. Some empirical findings indicate that young, fast growing, low dividend paying firms are faced with more liquidity constraints than other firms and therefore show stronger reactions concerning investments to changes of their internal financial flow. Andreas Behr explores the role of financial factors in a firm's investment decision. He applies the Q-theory of investment to a unique database of German firms (the Deutsche Bundesbank's Corporate Balance Sheet Statistics) covering balance sheet data of 2 314 firms. The empirical results show a strong and significant influence of the calculated Q. Finance, general Finance Tobin-q (DE-588)4211578-4 gnd rswk-swf Investitionsfunktion (DE-588)4138341-2 gnd rswk-swf Schätzung (DE-588)4193791-0 gnd rswk-swf Deutschland (DE-588)4011882-4 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Deutschland (DE-588)4011882-4 g Investitionsfunktion (DE-588)4138341-2 s Tobin-q (DE-588)4211578-4 s Schätzung (DE-588)4193791-0 s DE-604 Erscheint auch als Druck-Ausgabe 9783322820112 Erscheint auch als Druck-Ausgabe 9783824491278 https://doi.org/10.1007/978-3-322-82010-5 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Behr, Andreas Investment and Liquidity Constraints Empirical Evidence for Germany Finance, general Finance Tobin-q (DE-588)4211578-4 gnd Investitionsfunktion (DE-588)4138341-2 gnd Schätzung (DE-588)4193791-0 gnd |
| subject_GND | (DE-588)4211578-4 (DE-588)4138341-2 (DE-588)4193791-0 (DE-588)4011882-4 (DE-588)4113937-9 |
| title | Investment and Liquidity Constraints Empirical Evidence for Germany |
| title_auth | Investment and Liquidity Constraints Empirical Evidence for Germany |
| title_exact_search | Investment and Liquidity Constraints Empirical Evidence for Germany |
| title_exact_search_txtP | Investment and Liquidity Constraints Empirical Evidence for Germany |
| title_full | Investment and Liquidity Constraints Empirical Evidence for Germany by Andreas Behr |
| title_fullStr | Investment and Liquidity Constraints Empirical Evidence for Germany by Andreas Behr |
| title_full_unstemmed | Investment and Liquidity Constraints Empirical Evidence for Germany by Andreas Behr |
| title_short | Investment and Liquidity Constraints |
| title_sort | investment and liquidity constraints empirical evidence for germany |
| title_sub | Empirical Evidence for Germany |
| topic | Finance, general Finance Tobin-q (DE-588)4211578-4 gnd Investitionsfunktion (DE-588)4138341-2 gnd Schätzung (DE-588)4193791-0 gnd |
| topic_facet | Finance, general Finance Tobin-q Investitionsfunktion Schätzung Deutschland Hochschulschrift |
| url | https://doi.org/10.1007/978-3-322-82010-5 |
| work_keys_str_mv | AT behrandreas investmentandliquidityconstraintsempiricalevidenceforgermany |