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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...
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Terms and Essays -- Deposit Insurance Schemes -- Gramm-Leach-Bliley Act: Creating a New Bank for a New Millennium -- Pre-funded Coupon and Zero-Coupon Bonds: Cost of Capital Analysis -- Intertemporal Risk and Currency Risk -- Credit Derivatives -- Foreign exchange risk premium and policy...
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