Search Results - subject:"ﬁnancial constraints"

Is government contract a driver of trade credit? The moderating role of bargaining power, financial and institutional constraints

Ha, Tran Manh; Thang, Doan Ngoc; Dat, Luong Van; Dong, … - In: Cogent Business & Management 9 (2022) 1, pp. 1-27

This paper studies the effect of government contracts on trade credit by using cross-country firm-level data. Trade credit is defined as a firm's deferral of payment to its sellers when it buys material inputs. We apply the instrumental variable to take into account the endogeneity problem...

Persistent link: https://www.econbiz.de/10014505787

Foreign institutional investors and the great productivity slowdown

Schain, Jan Philip - 2022

financial constraints, the article shows that the effect is driven by industries,countries, and firms that are more financially … crisisby alleviating financial constraints. …

Persistent link: https://www.econbiz.de/10012806710

Heterogeneous effect of uncertainty on corporate investment: Evidence from listed firms in the Republic of Korea

Kim, Cheonkoo; Park, Jungsoo; Park, Donghyun; Tian, Shu - 2022

after the global financial crisis, but it increased for small and medium-sized enterprises (SMEs). Financial constraints and …

Persistent link: https://www.econbiz.de/10013205161

Research joint ventures: The role of financial constraints

Brunner, Philipp; Letina, Igor; Schmutzler, Armin - 2022

This paper provides a novel theory of research joint ventures for financially constrained firms. When firms choose R&D portfolios, an RJV can help to coordinate research efforts, reducing investments in duplicate projects. This can free up resources, increase the variety of pursued projects and...

Persistent link: https://www.econbiz.de/10013285527

A study on earnings management of zero-leverage firms from the perspective of financial constraints

Lee, Hyun-Ah - In: Global Business & Finance Review (GBFR) 27 (2022) 1, pp. 28-49

-leverage firms varies depending on financial constraints, whether a consecutive zero-leverage period is associated with the level of … earnings management, and whether this association varies depending on financial constraints. Design/methodology/approach: Using … financial constraints. In the analysis, two types of earnings management behaviors (i.e., accrual-based and real activities …

Persistent link: https://www.econbiz.de/10015098881