Keywords: Overinvestment
Close
Follow your search
Access your saved searches in your account

Would you like to receive an alert when new items match your search?
Close Modal
Sort by
Journal Articles
Journal Articles
Journal of Financial Reporting and Accounting (2026) 24 (1): 46–65.
Published: 29 September 2023
... facets of investment, including overinvestment, underinvestment and overall IE. Design/methodology/approach Using a sample of 13,902 firm-year observations from publicly listed US companies, this study uses the generalized method of moment (GMM) in conjunction with three distinct measures for FRQ...
Journal Articles
Journal of Financial Reporting and Accounting (2023) 21 (5): 1021–1048.
Published: 21 January 2022
... with positive net present value (NPV) under the scenario of no market friction. Overinvestment and underinvestment are inefficient investment scenarios. In the underinvestment scenario, firms decline those investment opportunities that would have a positive NPV, in the absence of adverse selection. While...

or Create an Account

Close Modal
Close Modal