Guizani, Assil; Lakhal, Faten; Lakhal, Nadia - In: Managerial Finance 44 (2018) 11, pp. 1364-1380
Purpose: The purpose of this paper is to shed light on the effect of French family control on the cash flow sensitivity of cash (CFSC). It also investigates the moderating effect of board of directors’ features on this relation. Design/methodology/approach: Based on a sample of French-listed...