Results 1-2 of 2
Investment Puzzle: Deeper Roots
(Korea Institute for International Economic Policy, 2017-05-04)
This paper investigates empirically the roots of the investment puzzle from the global megatrend perspective. The empirical model of this study augmented the uncertainty-finance accelerator investment model with megatrend variables of a transition to ...
Determinants and Consequences of Corporate Social Responsibility: Evidence from the Revision of the Company Act in India
(Korea Institute for International Economic Policy, 2017-04-28)
India is the first country to introduce mandatory CSR spending for eligible firms, based on the revision of the Companies Act in 2013. In this paper, I explore the effects of the revision of the Companies Act in India on the likelihood of a firm's CSR ...