Ahiadorme, Johnson Worlanyo; Gyeke-Dako, Agyapomaa; … - In: International Journal of Emerging Markets 13 (2018) 5, pp. 943-958
Purpose: The purpose of this paper is to examine the effect of debt holdings on the sensitivity of firms’ investment to availability of internal funds. Design/methodology/approach: For a panel data set of 27 Ghanaian listed firms for the period 2007–2013, the paper applies the Euler...