The impact of banking uncertainty on firm investment: A look into intangible assets.

Summary: Imagine a business wants to spend money to grow. They can buy physical things like buildings and machines, or they can invest in invisible things like software, research, and new ideas. When banks are going through confusing or risky times, businesses get scared. A study in Vietnam looked at over 600 companies to see what happens when banks are unsteady. They found that companies stop buying physical things a lot because it is harder and more expensive to get loans. But, surprisingly, they only cut back a tiny bit on the invisible things. So, bank troubles hurt physical growth much more than idea growth!