Bibliographische Detailangaben
| Titel: |
How do firms respond to economic policy uncertainty?Cross-country evidence. |
| Autoren: |
Cheng, Lei1 (AUTHOR) chenglei2016@whu.edu.cn |
| Quelle: |
Applied Economics Letters. Oct2025, p1-6. 6p. |
| Schlagwörter: |
*EMPLOYEE training, *INTERNATIONAL business enterprises, *CORPORATE investments, *CAPITAL allocation, *ORGANIZATIONAL performance, *ECONOMIC competition, *CAPITAL investments, ECONOMIC uncertainty |
| Abstract: |
The complex global economic situation has significantly increased economic policy uncertainty, which exerts adverse effects on firm performance. This study examines the strategies firms employ to mitigate the adverse effects of EPU. Using matched cross-country data, we find that firms respond to elevated EPU by curtailing fixed assets investment while simultaneously increasing expenditures on employee training to maintain competitiveness. These findings enhance our understanding of corporate investment behaviours in the context of economic policy uncertainty. [ABSTRACT FROM AUTHOR] |
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| Datenbank: |
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