Corporate investment and market imperfections : a study of agency theory and finnacial restrictions

The following paper seeks to understand clearly how companies are affected by decisions made by managers versus shareholders. Similarly, it seeks to understand how the size of the company affects investment decisions and last one, to analyze the main factor in making decisions that arise from trend way. Thus, high investments in the previous period reflect a high investment in the next period. Furthermore, this work served as a source of exploratory basis for future research focused on corporate investment.