Bancel, Franck; Mittoo, Usha R. - In: International Journal of Managerial Finance 7 (2011) April, pp. 179-216
Purpose – The purpose of this study is to gain some insights into how managers perceive and achieve financial flexibility and its value in coping with the 2008 global financial crisis. The study focuses on the following questions: What are the sources and measures of financial flexibility? Do...