Investment-cash flow sensitivity measures investment thirst, but not financial constraint
Kebin Deng, Zhong Ding, Yushu Zhu and Qing Zhou
| Year of publication: |
March 2017
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|---|---|
| Authors: | Deng, Kebin ; Ding, Zhong ; Zhu, Yushu ; Zhou, Qing |
| Published in: |
Accounting and finance : journal of the Accounting Association of Australia and New Zealand. - Richmond, Vic. : Wiley-Blackwell, ISSN 0810-5391, ZDB-ID 852471-3. - Vol. 57.2017, 1, p. 165-197
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| Subject: | Investment-cash flow sensitivity | Financial constraint | Investment thirst | Overinvestment | Investition | Investment | Cash Flow | Cash flow | Liquiditätsbeschränkung | Liquidity constraint | Investitionsentscheidung | Investment decision | Unternehmensfinanzierung | Corporate finance | Theorie | Theory |