Search Results - subject:"Financial constraints"

Monetary policy, cash holding and corporate investment : evidence from China

Yang, Xingquan; Han, Liang; Li, Wanli; Yin, Xingqiang; … - In: China economic review : an international journal 46 (2017), pp. 110-122

Persistent link: https://www.econbiz.de/10011910825

The role of financial constraints on precautionary cash holdings : evidence from Pakistan

Azmat, Qurat-ul-ann; Iqbal, Abdullah Muhammad - In: Economic research 30 (2017) 1,1, pp. 596-610

Persistent link: https://www.econbiz.de/10012224044

Firms' Pattern of Trade and Access to Finance

Damijan, Jože P.; Kostevc, Črt - 2011

This paper summarizes recent advances in the empirical research on firms' learning from trade participation and the role of finance in both starting to trade, surviving in export markets as well as expanding along the intensive and extensive trade margins. It highlights the increased importance...

Persistent link: https://www.econbiz.de/10010313344

Export Strategies of New Exporters: Why is Export Expansion Along the Extensive Margins so Sluggish?

Damijan, Jože P.; Kostevc, Črt; Polanec, Sašo - 2011

Recent theoretical models of international trade with heterogeneous firms feature instan- taneous adjustment of margins of exports to firm and market characteristics, and equality of distributions of margins of exports between new and incumbent exporters. By using the pop- ulation of Slovenian...

Persistent link: https://www.econbiz.de/10010313349

Cash Holdings of Hotel Firms: The Financial Constraints Perspective

Koh, Jung Hwan; Jang, SooCheong - 2011

Financial literature of cash or liquidity management has recently focused on the role of financial constraints on firms … firms’ financial constraints, this study examines the precautionary motive of cash holding toward external financing (debt … study tests the relation of cash to debt and cash flow. Regardless of the extent of financial constraints, cash holding is …

Persistent link: https://www.econbiz.de/10009468107

Trade Credits and Bank Credits in International Trade: Substitutes or Complements?

Engemann, Martina; Eck, Katharina; Schnitzer, Monika - 2011

Trade credits are an important financing tool for internationally active firms. This is surprising, as trade credits are generally more expensive than bank credits and thus a costly substitute for bank financing. In this paper, we investigate the relation between trade credits and bank credits...

Persistent link: https://www.econbiz.de/10010294695

Export activities under financial constraints: Margins, quantities and prices

Secchi, Angelo; Tamagni, Federico; Tomasi, Chiara - 2011

This paper provides a comprehensive analysis of the role that financial constraints play in shaping firms' export … quantity associated with financial constraints. …

Persistent link: https://www.econbiz.de/10010328473

Up or down? Capital income taxation in the United States and the United Kingdom

Polito, Vito - 2011

take into account financial constraints on dividend policy faced by firms investing in both the United States and the … United Kingdom. The paper incorporates financial constraints on dividend policy into the analytical framework for the …

Persistent link: https://www.econbiz.de/10010288835

Capital income taxation incentives during economic downturns: Re-thinking theory and evidence

Longobardi, Ernesto; Polito, Vito - 2011

This paper studies the effectiveness of corporate tax incentives in reducing the effective tax rate (ETR) on income from capital to stimulate business investment during economic downturns. We focus on tax rate incentives (TRIs), such as corporate tax rate cuts, and tax base incentives (TBIs),...

Persistent link: https://www.econbiz.de/10010288854

Financial constraints and exports: Evidence from Portuguese manufacturing firms

Silva, Armando - In: International Journal of Economic Sciences and Applied … 4 (2011) 3, pp. 7-19

This paper analyses the links between financial constraints and firm export behaviour, at the firm level, by using data … and there is a great heterogeneity in measuring financial constraints. In line with a very recent trend, we approximate …

Persistent link: https://www.econbiz.de/10010289387