cherian samuel - Academia.edu (original) (raw)
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University of the Basque Country, Euskal Herriko Unibertsitatea
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Papers by cherian samuel
Information Communication Technology and Economic Development, 2005
Policy Research Working Papers, 1999
Policy Research Working Papers, 1999
Policy Research Working Papers, 1999
Policy Research Working Papers, 1999
Applied Financial Economics, 2000
Shareholder myopia may not necessarily lead to managerial myopia. To the extent that managerial m... more Shareholder myopia may not necessarily lead to managerial myopia. To the extent that managerial myopia is a problem for some firms, the reasons for this must be sought elsewhere. While institutional ownership has a positive effect on capital expenditures, it appears to have a negative effect on R&D expenditures and no effect on advertising expenditures. The results in this paper
Applied Economics, 2001
The evidence in this paper suggests that the q-theory of investment is not adequate to explain ca... more The evidence in this paper suggests that the q-theory of investment is not adequate to explain capital expenditure decisions at the firm level. Managerial as well as market perception is important, with the former more critical than the latter. The results also suggest that stock market activity has only limited implications for the resource allocation process in the economy. The
Applied Economics, 1998
care more about cash flow and cost of capital than about Cherian Samuel stock market signals and ... more care more about cash flow and cost of capital than about Cherian Samuel stock market signals and level of output.
Applied Financial Economics, 2000
Shareholder myopia may not necessarily lead to managerial myopia. To the extent that managerial m... more Shareholder myopia may not necessarily lead to managerial myopia. To the extent that managerial myopia is a problem for some firms, the reasons for this must be sought elsewhere. While institutional ownership has a positive effect on capital expenditures, it appears to have a negative effect on R&D expenditures and no effect on advertising expenditures. The results in this paper
Information Communication Technology and Economic Development, 2005
Policy Research Working Papers, 1999
Policy Research Working Papers, 1999
Policy Research Working Papers, 1999
Policy Research Working Papers, 1999
Applied Financial Economics, 2000
Shareholder myopia may not necessarily lead to managerial myopia. To the extent that managerial m... more Shareholder myopia may not necessarily lead to managerial myopia. To the extent that managerial myopia is a problem for some firms, the reasons for this must be sought elsewhere. While institutional ownership has a positive effect on capital expenditures, it appears to have a negative effect on R&D expenditures and no effect on advertising expenditures. The results in this paper
Applied Economics, 2001
The evidence in this paper suggests that the q-theory of investment is not adequate to explain ca... more The evidence in this paper suggests that the q-theory of investment is not adequate to explain capital expenditure decisions at the firm level. Managerial as well as market perception is important, with the former more critical than the latter. The results also suggest that stock market activity has only limited implications for the resource allocation process in the economy. The
Applied Economics, 1998
care more about cash flow and cost of capital than about Cherian Samuel stock market signals and ... more care more about cash flow and cost of capital than about Cherian Samuel stock market signals and level of output.
Applied Financial Economics, 2000
Shareholder myopia may not necessarily lead to managerial myopia. To the extent that managerial m... more Shareholder myopia may not necessarily lead to managerial myopia. To the extent that managerial myopia is a problem for some firms, the reasons for this must be sought elsewhere. While institutional ownership has a positive effect on capital expenditures, it appears to have a negative effect on R&D expenditures and no effect on advertising expenditures. The results in this paper