We investigate the association between cash flow volatility and labor investment efficiency using a sample of US-listed firms from 2000 to 2021. We document a positive association between cash flow volatility and labor investment efficiency. We also document that dividend-paying firms are...

Innovation is increasingly considered as an enabler of business competitive advantage. More and more organizations focus on satisfying their consumer s demand of innovative and qualitative products and services by applying both technology-supported and non technology-supported innovative methods...

The issue of capital structure in an enterprise is often described in the literature on the subject; however, theories are classified into various approaches, and their characteristics are often limited to selected theories. This work is an attempt at a synthetic presentation of the theory of...