Mispricing of Stocks and Firm Investment in Competitive Industries. How Do They Influence Each Other?

Bachelor Thesis from the year 2017 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1.3, University of Munster, language: English, abstract: The existing research focuses on two channels how stock (mis-)pricing influences firm investment. On the one hand, the informational role of prices is examined. The general conclusion shared by many papers is as foll...