Serrasqueiro, Zélia; Sardo, Filipe; Félix, Elisabete … - In: Journal of entrepreneurial finance : JEF ; official … 21 (2019) 1, pp. 38-56
Using panel data models and two research sub-samples composed of smaller and larger VC-backed, this study seeks to analyze the relationship between investment and internal cash flows. The results indicate that the investment sensitivity to internal cash flows is greater in larger than in the...