Do Financing Constraints Explain Why Investment is Correlated with Cash Flow?
Year of publication: |
September 1995
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Authors: | Kaplan, Steven N. |
Other Persons: | Zingales, Luigi (contributor) |
Institutions: | National Bureau of Economic Research (contributor) |
Publisher: |
Cambridge, Mass : National Bureau of Economic Research |
Subject: | Kapitalkosten | Cost of capital | Volkswirtschaftliche Investitionstheorie | Theory of aggregate investment | Unternehmensfinanzierung | Corporate finance |
Extent: | 1 Online-Ressource |
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Series: | NBER working paper series ; no. w5267 |
Type of publication: | Book / Working Paper |
Language: | English |
Notes: | Mode of access: World Wide Web System requirements: Adobe [Acrobat] Reader required for PDF files Hardcopy version available to institutional subscribers. |
Other identifiers: | 10.3386/w5267 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
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Do financing constraints explain why investment is correlated with cash flow?
Kaplan, Steven N., (1995)
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Do investment-cash flow sensitivities provide useful measures of financing constraints?
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Do Financing Constraints Explain Why Investment is Correlated with Cash Flow?
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Investment-Cash Flow Sensitivities are not Valid Measures of Financing Constraints
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