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  4. Publikationen School of Management and Law
Please use this identifier to cite or link to this item: https://doi.org/10.21256/zhaw-29754
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dc.contributor.authorKnust, Lucas-
dc.contributor.authorOesch, David-
dc.date.accessioned2024-02-02T10:37:17Z-
dc.date.available2024-02-02T10:37:17Z-
dc.date.issued2023-09-11-
dc.identifier.issn0306-686Xde_CH
dc.identifier.issn1468-5957de_CH
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/29754-
dc.description.abstractDoes state fiscal monitoring of local governments impact firms? Exploiting the staggered adoption of state fiscal monitoring policies, our results show that state fiscal monitoring of local governments increases corporate investment. Affected firms increase their investment by increasing capital expenditures as well as research and development expenditures. Additional analyses reveal that firms fund this increase in investment by decreasing share repurchases and issuing debt. We also provide evidence that the increase in corporate investment is driven by a reduction in local corruption.de_CH
dc.language.isoende_CH
dc.publisherWileyde_CH
dc.relation.ispartofJournal of Business Finance and Accountingde_CH
dc.rightshttp://creativecommons.org/licenses/by-nc-nd/4.0/de_CH
dc.subjectCorporate investmentde_CH
dc.subjectFiscal monitoringde_CH
dc.subjectInstitutionde_CH
dc.subjectLocal governmentde_CH
dc.subject.ddc658.1: Organisation und Finanzende_CH
dc.titleFiscal monitoring and corporate investmentde_CH
dc.typeBeitrag in wissenschaftlicher Zeitschriftde_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
zhaw.organisationalunitInstitut für Financial Management (IFI)de_CH
dc.identifier.doi10.1111/jbfa.12714de_CH
dc.identifier.doi10.21256/zhaw-29754-
zhaw.funding.euNode_CH
zhaw.originated.zhawYesde_CH
zhaw.publication.statuspublishedVersionde_CH
zhaw.publication.reviewPeer review (Publikation)de_CH
zhaw.webfeedW: Spitzenpublikationde_CH
zhaw.author.additionalNode_CH
zhaw.display.portraitYesde_CH
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Knust, L., & Oesch, D. (2023). Fiscal monitoring and corporate investment. Journal of Business Finance and Accounting. https://doi.org/10.1111/jbfa.12714
Knust, L. and Oesch, D. (2023) ‘Fiscal monitoring and corporate investment’, Journal of Business Finance and Accounting [Preprint]. Available at: https://doi.org/10.1111/jbfa.12714.
L. Knust and D. Oesch, “Fiscal monitoring and corporate investment,” Journal of Business Finance and Accounting, Sep. 2023, doi: 10.1111/jbfa.12714.
KNUST, Lucas und David OESCH, 2023. Fiscal monitoring and corporate investment. Journal of Business Finance and Accounting. 11 September 2023. DOI 10.1111/jbfa.12714
Knust, Lucas, and David Oesch. 2023. “Fiscal Monitoring and Corporate Investment.” Journal of Business Finance and Accounting, September. https://doi.org/10.1111/jbfa.12714.
Knust, Lucas, and David Oesch. “Fiscal Monitoring and Corporate Investment.” Journal of Business Finance and Accounting, Sept. 2023, https://doi.org/10.1111/jbfa.12714.


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