Ng Sin Huei; Yang, Yunze; Lee, Chin-Chong; Chui Zi Ong - In: International Journal of Financial Studies : open … 11 (2023) 3, pp. 1-16
errors (PCSEs) and robust fixed-effects methods to analyze the issue. Our cash–cash-flow sensitivity model points out that … listed SMEs in China show significant cash–cash-flow sensitivity, and financing constraints are prevalent. We document that …