Gupta, Gaurav; Mahakud, Jitendra - In: Financial innovation : FIN 5 (2019) 1, pp. 1-28
This study examines the impact of financial development on corporate investment in terms of their influence on … financing constraints. This study also tries to find the effect of financial development on the investment-cash flow sensitivity … that cash flow affects the investment decision of the company positively, which implies that Indian firms are financially …