Do Private Firms Invest Differently than Public Firms? Taking Cues from the Natural Gas Industry
We study how listing status affects investment behavior. Theory offers competing hypotheses on how listing-related frictions affect investment decisions. We use detailed data on 74,670 individual projects in the U.S. natural gas industry to show that private firms respond less than public firms to c...
| Veröffentlicht in: | The Journal of Finance. - American Finance Association, 1946. - 71(2016), 4, Seite 1733-1777 |
|---|---|
| 1. Verfasser: | |
| Weitere Verfasser: | |
| Format: | Online-Aufsatz |
| Sprache: | English |
| Veröffentlicht: |
2016
|
| Zugriff auf das übergeordnete Werk: | The Journal of Finance |
| Schlagworte: | Physical sciences Applied sciences Behavioral sciences Biological sciences Business Economics Mathematics |
| Online verfügbar |
Volltext |