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Corporate financial policy and the value of cash under uncertainty

Baum, Christopher F.; Chakraborty, Atreya; Liu, Boyan - 2016

Persistent link: https://www.econbiz.de/10011590763

Corporate investment, debt and liquidity choices in the light of financial constraints and hedging needs

Bannier, Christina E.; Schürg, Carolin - 2015

We examine firms' simultaneous choice of investment, debt financing and liquidity in a large sample of US corporates between 1980 and 2014. We partition the sample according to the firms' financial constraints and their needs to hedge against future shortfalls in operating income. In contrast to...

Persistent link: https://www.econbiz.de/10011306337

External financing sensitivities and inefficient R&D investment : Evidence from China

Chiu, Sheng-Hsiung; Lin, Tzu-Yu; Pan, Lu - In: Research in international business and finance 70 (2024) 1, pp. 1-31

Persistent link: https://www.econbiz.de/10015053641

Equity Issuance of Distressed Firms

Park, James - 2015

equity. In contrast, agency theory predicts that distressed firm managers have strong self-interests to finance even … distressed firm managers subsidize losing operations. These findings collectively suggest that agency theory better predicts …

Persistent link: https://www.econbiz.de/10013038070

Financial frictions and the cash flow - external financing sensitivity : evidence from a panel of Pakistani firms

Khairuddin Abdul Rashid; Jabeen, Noshaba - In: Financial innovation : FIN 4 (2018) 15, pp. 1-20

theory of capital structure. Yet, we show that this negative relationship is weak in case of financially constrained firms …

Persistent link: https://www.econbiz.de/10011883176

Corporate investment, financing, and exit model with an earnings-based borrowing constraint

Nishihara, Michi; Shibata, Takashi; Zhang, Chuanqian - 2021

Persistent link: https://www.econbiz.de/10012799515

Corporate investments in Asian emerging markets : financial conditions, financial development, and financial constraints

Wang, Jian-xin; Socorro Gochoco-Bautista, Maria; … - 2013

Motivated by the literature on the finance–growth nexus, this paper explores the mechanisms through which finance affects corporate investments and capital accumulation. We separate the effects of financial conditions from those of financial development. Based on a sample of firms from five...

Persistent link: https://www.econbiz.de/10009781240

Financial distress of companies and cash flow-investment-sensitivity : evidence from panel of non-financial firms

Haque, Abdul; Abid, Ammar; Qamar, Muhammad Ali Jibran; … - In: International journal of economic sciences : IJoES 8 (2019) 1, pp. 52-67

Persistent link: https://www.econbiz.de/10012033261

The effects of credit lines on cash holdings and capital investment : evidence from Japan

Honda, Tomohito - 2022

Persistent link: https://www.econbiz.de/10013550302

The response of firms' investment and financing to adverse cash flow shocks : the role of bank relationships

Fuss, Catherine; Vermeulen, Philip - 2006

We test whether firms with a single bank are better shielded from loss of credit and investment cuts in periods of adverse cash flow shocks than firms with multiple bank relationships. Our estimates of the cash flow sensitivity of investment show that both types of firms are equally subject to...

Persistent link: https://www.econbiz.de/10003367995

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