Narrow search
Showing 1 - 6 of 6
Cover Image
The Impact of Cash Flow Uncertainty on Investment-Cash Flow Sensitivity in China : The Debt Financing Channel
Ding, Sai; Kim, Minjoo; Zhang, Xiao - 2023
The investment-cash flow sensitivity (ICFS) of Chinese firms declined during the global financial crisis, which contradicts the conventional financial constraint interpretation of ICFS. We analyze this phenomenon by examining how cash flow uncertainty affects the ways of financing investment. We...
Persistent link: https://www.econbiz.de/10014355173
Cover Image
Cash flow sensitivity of cash : when should we use it to measure financial constraints?
Hu, Weiping; Zhang, Xiao; He, Ye - In: Review of quantitative finance and accounting 62 (2024) 2, pp. 637-682
Persistent link: https://www.econbiz.de/10014503141
Cover Image
New insight on Investment-Cash flow sensitivity
Ding, Sai; Kim, Minjoo; Zhang, Xiao - 2021
Persistent link: https://www.econbiz.de/10012669109
Cover Image
Does China overinvest? : evidence from a panel of Chinese firms
Ding, Sai; Knight, John B.; Zhang, Xiao - In: The European journal of finance 25 (2019) 6, pp. 489-507
Persistent link: https://www.econbiz.de/10012206996
Cover Image
Can real options explain the impact of uncertainty on Chinese corporate investment?
He, Ye; Hu, Weiping; Li, Kunwang; Zhang, Xiao - In: Economic modelling 115 (2022), pp. 1-15
Persistent link: https://www.econbiz.de/10014228685
Cover Image
The Impact of Cash Flow Uncertainty on Investment-Cash Flow Sensitivity in China : The Debt Financing Channel
Ding, Sai; Kim, Minjoo; Zhang, Xiao - 2023
The investment-cash flow sensitivity (ICFS) of Chinese firms declined during the global financial crisis, which contradicts the conventional financial constraint interpretation of ICFS. We analyze this phenomenon by examining how cash flow uncertainty affects the ways of financing investment. We...
Persistent link: https://www.econbiz.de/10014256815