Institutional investor is supposed to be more powerful than individual investor from the perspectives of regularity authority and scholar, but the results are mixed. Using the data of listed company in China, the paper presents a comparative study on the impacts of institutional investor and individual investor on investment risk. It shows that the scale and ownership of institutional investor ...

This study focuses on the influence intellectual capital has on employees’ perceptions as related to both company investments and productivity levels. The data was obtained from 440 employees at 13 Portuguese companies. Both ANOVA and Regression Analysis were conducted in order to understand the impact three Intellectual Capital Scale components have on perceptions of investment and organizatio...

Enterprise Resource Planning (ERP) has been a major investment for most companies since the early nineties. ERP is a type of investment that has an integrated approach, and has been widely adopted, but there is little empirical evidence about how ERP implementation affects company performance. This chapter begins with the discussion of ERP investment and its role as a commodity or as a strategi...

This paper presents a binary classification scheme for investment class rating using support vector machine (SVM). The suggested SVM model is trained offline and takes twelve financial ratios as attributes from different standard investment companies as inputs and correctly classify whether it is a good investment grade or bad investment grade company as output. The overall performance of SVM s...

Governments can have large e ects on investment by raising policy risks and uncertainty. This paper estimates their e ects by studying the famous English East India Company. It had di cult relations with some English governments and positive relations with others. This translated into either hostile or friendly policies. New time-series data on the Company's shipping and port capacity are used ...

Most capital projects have an implementation lag. We examine the effect of implementation lag on a levered firm’s investment decision. The main finding is that implementation lag can potentially have a substantial effect on a levered company’s investment trigger, and this effect can be significantly different from that of an unlevered company. The exact relationship between lag and investment t...

The article investigates the impact of venture capital investment and investment syndication on enterprise lifecycle and success using the exit history of venture capital backed companies in Australia. It is observed that the venture capital backed companies tend to outperform those which are not while companies receiving syndicated venture capital investment tend to outperform the other ventur...

This paper investigates a technique for developing investment assumptions for pricing that are consistent with the investment practices of the company. An investment strategy is defined to be a specific allocation of investable funds among given representative fixed-income instruments. The investment strategy problem consists of two parts: how to invest funds initially received on a block of ne...

... The National Assembly in Korea recently passed a law envisioned to promote venture capital companies in Korea. ... Each venture capital company is incorporated under one of these laws. ... Korea's legislative history indicates that, through the enactment of the SLPVCC, the Korean government strove to emulate the success of the United States' venture capital system. ... The new law in Korea ...

We argue that managerial overconfidence can account for corporate investment distortions. Overconfident managers overestimate the returns to their investment projects and view external funds as unduly costly. Thus, they overinvest when they have abundant internal funds, but curtail investment when they require external financing. We test the overconfidence hypothesis, using panel data on person...