Wang, Jin; Wang, Deli; Long, Hai; Chen, Yu - In: South African journal of business management 54 (2023) 1, pp. 1-13
increments result in fewer investment opportunities and a decreased in investment efficiency. This is insignificant for the more … investment inefficiency, particularly for cash flow dominated and financing-restricted firms. This indicates a negative … the firms. Practical implications: For managers, they should improve their investment efficiency within an affordable …