The marginal value of cash : structural estimates from a model with financing and agency frictions
| Year of publication: |
2025
|
|---|---|
| Authors: | Dasgupta, Sudipto ; Li, Di ; Li, Erica X. N. |
| Published in: |
Management science : journal of the Institute for Operations Research and the Management Sciences. - Hanover, Md. : INFORMS, ISSN 1526-5501, ZDB-ID 2023019-9. - Vol. 71.2025, 5, p. 3667-3687
|
| Subject: | agency problems | corporate cash policy | costly external financing | financial constraints | marginal value of cash | Unternehmensfinanzierung | Corporate finance | Prinzipal-Agent-Theorie | Agency theory | Cash Flow | Cash flow | Cash-Management | Cash management | Betriebliche Liquidität | Corporate liquidity | Kapitalkosten | Cost of capital | Theorie | Theory |
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