Samet, Marwa; Jarboui, Anis - In: Managerial Finance 43 (2017) 3, pp. 299-312
Purpose The purpose of this paper is to document the relation between investment-cash flow sensitivity and a firm … examine how CSR moderates the sensitivity between investment spending and firm internal funds. Design/methodology/approach The … Euler equation technique approach is applied to test the sensitivity of investment to internally generated funds for a panel …