Similar Search Results

Effect of financial constraints on the growth of family and nonfamily firms in Turkey

Ergün, Bahadır; Doruk, Ömer Tuğsal - In: Financial innovation : FIN 6 (2020) 28, pp. 1-24

This study examined whether family-owned firms have advantages for accessing external financial sources for growth. Especially in developing countries with imperfect markets, firms can face difficulties accessing external financing sources; however, family-owned firms might have some advantages...

Persistent link: https://www.econbiz.de/10012268930

Debt choice, growth opportunities and corporate investment : evidence from China

Ding, Ning; Bhat, Kalimullah; Jebran, Khalil - In: Financial innovation : FIN 6 (2020) 31, pp. 1-22

The study aims to investigate how relying on short-term debt may help Chinese listed firms to make efficient investment … between growth and investment; this association is enhanced by leverage, especially for high-growth firms. This supports the … view that short-term debt helps Chinese firms to make optimal use of leverage and therefore make better investment …

Persistent link: https://www.econbiz.de/10012295993

Alternative measure of financial development and investment-cash flow sensitivity : evidence from an emerging economy

Gupta, Gaurav; Mahakud, Jitendra - In: Financial innovation : FIN 5 (2019) 1, pp. 1-28

This study examines the impact of financial development on corporate investment in terms of their influence on … financing constraints. This study also tries to find the effect of financial development on the investment-cash flow sensitivity … that cash flow affects the investment decision of the company positively, which implies that Indian firms are financially …

Persistent link: https://www.econbiz.de/10011972597

Financial constraints and investment decisions of listed Indian manufacturing firms

Kumar, Sanjeev; Ranjani, K. S. - In: Financial innovation : FIN 4 (2018) 6, pp. 1-17

Background: The purpose of the study is to understand the role of cash flow sensitivity to investment as a measure of … constraints. Further, the role of other financial factors in investment decisions is explored. Methods: The study is conducted … Indian manufacturing sector. Results according to splitting criteria found that investment decisions of standalone firms are …

Persistent link: https://www.econbiz.de/10011825874

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

This paper uses a large panel of Pakistani non-financial firms over the period 2000–2013 to examine the role of financial constraints in establishing the relationship between cash flow and external financing. The results reveal that there exists a negative and significant relationship between...

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

The impact of working capital management on credit rating

Abuhommous, Ala'a Adden; Al-Saraireh, Ahmad; … - In: Financial innovation : FIN 8 (2022), pp. 1-20

This study investigates the possible nonlinear relationship between working capital and credit rating. Furthermore, it examines the relationship between the three components of working capital (inventory, accounts receivable, and accounts payable) and a firm's credit rating. Employing data for...

Persistent link: https://www.econbiz.de/10013332391