Showing 31 - 40 of 100,525
Persistent link: https://www.econbiz.de/10012549923
Persistent link: https://www.econbiz.de/10011955184
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 … affect the corporate decisions of unconstrained firms more strongly than those of constrained firms. Investment-cash flow … sensitivities are particularly intense for unconstrained firms with high hedging needs. Investment opportunities (as proxied by Q …
Persistent link: https://www.econbiz.de/10011306337
Persistent link: https://www.econbiz.de/10011447929
Persistent link: https://www.econbiz.de/10011414126
Persistent link: https://www.econbiz.de/10011295335
Persistent link: https://www.econbiz.de/10012547524
Persistent link: https://www.econbiz.de/10012026391
We examine whether capital flows more to high Tobin's q industries and find that it flows more to high q industries from 1971 until 1996 but not from 1997 to 2014. This change is due to a decrease in the q-sensitivity of equity funding resulting mostly from the increased q-sensitivity of...
Persistent link: https://www.econbiz.de/10011969138