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Why Do Companies Go Public? An Empirical Analysis
Pagano, Marco; Panetta, Fabio; Zingales, Luigi - 2021
finance subsequent investment and growth, but to reduce leverage, (iv) going public reduces the cost of bank credit; (v) it is …
Persistent link: https://www.econbiz.de/10013244375
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Why Do Companies Go Public? An Empirical Analysis
Pagano, Marco - 1995
finance subsequent investment and growth, but to reduce leverage, (iv) going public reduces the cost of bank credit; (v) it is …
Persistent link: https://www.econbiz.de/10012473502
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Do Financing Constraints Explain Why Investment is Correlated with Cash Flow?
Kaplan, Steven N. - 1995
This paper investigates the sources of the correlation between corporate cash flow and investment by undertaking an in-depth analysis of the 49 low-dividend firms identified by Fazzari, Hubbard, and Petersen (1988) as having an unusually high investment-cash flow sensitivity. We find that in...
Persistent link: https://www.econbiz.de/10012473608