Guariglia, Alessandra (contributor); … - 2008
internal finance constrain firm growth? Or does it foster it? To answer these
questions, we use a panel of 407,096 Chinese … internal finance (such as cash flow) affect firms’ investment in
fixed capital, inventories, or R&D. Most of these studies … amounts of internal funds, which enabled them to grow, in spite of their inability to obtain
external finance. For these …