Purpose: The purpose of this paper is to identify whether the rise in intangible asset investment is related to trade credit investment and whether this relationship is driven by financial constraint and other firm factors. Design/methodology/approach: The study conducts fixed effect...

Purpose: The purpose of this paper is to identify whether negative operating cash flows are related to investment inefficiency, and specifically whether they are related to subsequent overinvestment and if this relationship is driven by agency problems within the firm....

Purpose – The purpose of this paper is to review studies on ranking in finance journals, which have grown substantially in recent decades. Design/methodology/approach – This paper depicts the trend and development of ranking studies in finance area, describes the regional work and lists the...