Showing 1 - 10 of 500,513
Persistent link: https://www.econbiz.de/10010382088
Persistent link: https://www.econbiz.de/10001525675
In this paper we use balance-sheet data and information on bankruptcy to study the relationship between investment …-2011, which also allows us to study the impact of the 2008 crisis on Czech companies. Using investment-cash flow sensitivity to … significant impact on the investment rate. By taking a closer look at individual subsamples we reveal that the existence of …
Persistent link: https://www.econbiz.de/10010358370
Persistent link: https://www.econbiz.de/10012669109
Persistent link: https://www.econbiz.de/10012009305
Persistent link: https://www.econbiz.de/10011430729
We examine firms' simultaneous choice of investment, debt financing and liquidity in a large sample of US corporates … future shortfalls in operating income. In contrast to earlier work, our joint estimation approach shows that cash flows … affect the corporate decisions of unconstrained firms more strongly than those of constrained firms. Investment-cash flow …
Persistent link: https://www.econbiz.de/10011306337
Persistent link: https://www.econbiz.de/10011414126
Persistent link: https://www.econbiz.de/10012026391
In this paper, we analyze the determinants of corporate saving in the form of changes in the stock of cash for 11 Asian economies using firm-level data from the Oriana Database for the 2002–2011 period. We find some evidence that cash flow has a positive impact on the change in the stock of...
Persistent link: https://www.econbiz.de/10010241527