Environmental investment decisions of family firms—An analysis of competitor and government influence

2021 ◽  
Author(s):  
Bari L. Bendell
Keyword(s):  
Family Firms ◽  
Investment Decisions ◽  
Government Influence ◽  
Environmental Investment

scholarly journals Impact of Loan Accessibility on Working Capital Management and Profitability: Comparative Study of Family Versus Non-Family Firms

2020 ◽  
Vol V (I) ◽  
pp. 220-230
Author(s):  
Kanwal Iqbal Khan ◽  
Adeel Nasir ◽  
Aniqa Arslan
Keyword(s):  
Comparative Analysis ◽  
Family Firms ◽  
Investment Decisions ◽  
Sustainable Growth ◽  
Capital Management ◽  
Working Capital ◽  
Financial Cost ◽  
Working Capital Management ◽  
Capital Rationing ◽  
The Relationship

This study is conducted to identify the direction of the relationship between working capital management (WCM) and firm performance of the non-financial sector of Pakistan from 2009 till 2018. This has also looked at the effect of restricted access to loan on the WCM- Profitability relationship. The findings confirmed that restricted loan accessibility impacts the WCM-Profitability relationship. The comparative analysis demonstrated that financially constrained firms are mostly non-family firms that are new, growing, smaller in size, face high risk, maintain high liquidity and tangibility ratios than non-constrained firms. Further, the working capital levels of financially constraint firms is lower because of high operating expenses and greater capital rationing. Managers and scholars may use these findings for the administration of their working capital policies in order to avoid the financial cost and create more opportunities for financial accessibility which is further beneficial for making informed investment decisions, yielding higher profits that contribute towards sustainable growth.

Science to improve regional environmental investment decisions

2011 ◽  
Vol 26 (1) ◽  
pp. 1 ◽  
Author(s):  
Andre Zerger ◽  
Ted Lefroy ◽  
Brett Bryan
Keyword(s):  
Investment Decisions ◽  
Environmental Investment

Corporate governance and corporate environmental investments: Evidence from China

2019 ◽  
Vol 31 (6) ◽  
pp. 923-942 ◽  
Author(s):  
Qiang Li ◽  
Wenjuan Ruan ◽  
Tiantian Sun ◽  
Erwei Xiang
Keyword(s):  
Corporate Governance ◽  
Negative Correlation ◽  
Internal Control ◽  
Investment Decisions ◽  
Managerial Ownership ◽  
Data Set ◽  
Controlling Shareholder ◽  
Environmental Investment ◽  
Chinese Listed Companies ◽  
Control Right

Using a data set of Chinese listed companies over the period 2008 to 2015, this paper empirically examines whether corporate governance affects the environmental investment decisions. We find that the separation of controlling shareholder’s control right and cash flow right is negatively correlated to corporate environmental investment. Moreover, managerial ownership strengthens the abovementioned negative correlation, which is consistent with the controlling shareholder–manager collusion hypothesis. A further test suggests that internal control effectively weakens the controlling shareholder–manager collusion in their environmental investment decisions.

scholarly journals Coopetition as a Chance of Increasing The Level of Investments Made by Family Companies in Poland

2014 ◽  
Vol 6 (2) ◽  
pp. 19-33
Author(s):  
Aneta Ejsmont
Keyword(s):  
Present Article ◽  
Family Firms ◽  
Investment Decisions ◽  
Investment Risk ◽  
Financial Instruments ◽  
Holding Companies ◽  
Eu Countries ◽  
Cooperation And Competition ◽  
Proper Analysis ◽  
Do So

Abstract The main problem described by the authoress of the present article is increased investment risk of family companies in Poland by worse economic situation in our country. Authoress’ planned aim of the present study is to demonstrate the joint-stock companies listed on the New Connect market who as potential investors must be aware of the risk connected with investing in financial instruments in The Alternative System of Turnover and their investment decisions should be preceded by proper analysis and, if situation requires it, consultation with an investment adviser, what for many micro, small and middle family firms is unfortunately simply too expensive. The condition to increase the level of investments in the researched family companies in Poland is coopetition of that companies with big holding companies or concerns from Poland and with economic entities from other EU countries. In order to do so was made an analysis of the researched enterprises which are joint-stock companies listed on the New Connect market with regard to the level of investments which can influence intensity of cooperation and competition of family firms in Poland with other economic entities

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