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ID193052
Title ProperDrivers of corporate investment in India
Other Title Informationassessing the impact of monetary policy and COVID
LanguageENG
AuthorKumar, Sunil ;  Gupta, Kashyap ;  Gulati, Sarthak
Summary / Abstract (Note)Empirical investigation finds that firm-specific factors, namely deleveraging of balance sheets, comfortable cash flows and improving debt servicing capacity impact fixed investment in private corporate sector positively. Monetary policy impacts fixed assets investment growth of financially constrained firms more compared to non-financially constrained firms. Furthermore, the impact of COVID pandemic on investment was more adverse in case of weak firms.
`In' analytical NoteSouth Asia Economic Journal Vol. 24, No.2; Sept 2023: p.216–251
Journal SourceSouth Asia Economic Journal 2023-12 24, 2
Key WordsIndia ;  Macro economics ;  Firm Performance ;  Economic Policy ;  Financial Investment/Analysis