INVESTMENT DECISIONS AND FIRM PERFORMANCE UNDER ECONOMIC POLICY UNCERTAINTY
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F21%3A63531278" target="_blank" >RIV/70883521:28120/21:63531278 - isvavai.cz</a>
Výsledek na webu
<a href="http://dx.doi.org/10.7441/dokbat.2021.38" target="_blank" >http://dx.doi.org/10.7441/dokbat.2021.38</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.7441/dokbat.2021.38" target="_blank" >10.7441/dokbat.2021.38</a>
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
INVESTMENT DECISIONS AND FIRM PERFORMANCE UNDER ECONOMIC POLICY UNCERTAINTY
Popis výsledku v původním jazyce
This study explores the relationship between firm’s investment decision and performance employing moderating role of economic policy uncertainty. The study's sample consists of 23 chemical firms, and data were obtained from the annual reports of the company's websites from 2014 to 2019. This study employed Linear and Non- linear regression methods with the panel data methodology to achieve the study aims. The study's overall findings indicate that corporate investment decisions have a significant and positive influence on the firm's performance. Furthermore, the overall moderated regression findings suggest that economic policy uncertainty moderates the relationship between investment decisions and firm performance negatively and significantly. The study results reveal that investment decisions have a more significant impact on a firm's market base performance. In addition, our paper provides policy implications for relevant stakeholders.
Název v anglickém jazyce
INVESTMENT DECISIONS AND FIRM PERFORMANCE UNDER ECONOMIC POLICY UNCERTAINTY
Popis výsledku anglicky
This study explores the relationship between firm’s investment decision and performance employing moderating role of economic policy uncertainty. The study's sample consists of 23 chemical firms, and data were obtained from the annual reports of the company's websites from 2014 to 2019. This study employed Linear and Non- linear regression methods with the panel data methodology to achieve the study aims. The study's overall findings indicate that corporate investment decisions have a significant and positive influence on the firm's performance. Furthermore, the overall moderated regression findings suggest that economic policy uncertainty moderates the relationship between investment decisions and firm performance negatively and significantly. The study results reveal that investment decisions have a more significant impact on a firm's market base performance. In addition, our paper provides policy implications for relevant stakeholders.
Klasifikace
Druh
D - Stať ve sborníku
CEP obor
—
OECD FORD obor
50206 - Finance
Návaznosti výsledku
Projekt
—
Návaznosti
S - Specificky vyzkum na vysokych skolach
Ostatní
Rok uplatnění
2021
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název statě ve sborníku
Conference Proceedings 17th Annual International Bata Conference for Ph.D. Students and Young Researchers
ISBN
978-80-7678-025-5
ISSN
—
e-ISSN
—
Počet stran výsledku
12
Strana od-do
442-453
Název nakladatele
Univerzita Tomáše Bati ve Zlíně, Fakulta managementu a ekonomiky
Místo vydání
Zlín
Místo konání akce
Zlín
Datum konání akce
20. 5. 2021
Typ akce podle státní příslušnosti
EUR - Evropská akce
Kód UT WoS článku
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