A balancing act : managing financial constraints and agency costs to minimize investment inefficiency in the Chinese market
Year of publication: |
February 2016
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Authors: | Guariglia, Alessandra ; Yang, Junhong |
Published in: |
The journal of corporate finance : contracting, governance and organization. - Amsterdam : Elsevier, ISSN 0929-1199, ZDB-ID 1189269-9. - Vol. 36.2016, p. 111-130
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Subject: | Under-investment | Over-investment | Free cash flow | Financial constraints | Agency costs | China | Cash Flow | Cash flow | Prinzipal-Agent-Theorie | Agency theory | Investition | Investment | Liquiditätsbeschränkung | Liquidity constraint | Unternehmensfinanzierung | Corporate finance |
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