Bahlous, Mejda; Rosylin Mohd. Yusof - In: Journal of applied finance & banking 2 (2012) 3, pp. 199-236
The primary goal of this paper is to quantify the impact of financing constraints on corporate growth. For this, we use … relationships between growth and (1) the availability of internal finance, and (2) the debt maturity of external financing using an … accelerator investment model extended to account for the extent to which companies use internal finance, long term debt and short …