Search Results - subject:"Financial constraints"

Is investment : cashflow sensitivity a good measure of financial constraints?

Wan, Hualin; Zhu, Kai - In: China journal of accounting research : CJAR 4 (2011) 4, pp. 253-270

and measuring the external financial constraints of corporations. This study analyzes the effect of changes in the … effective measure of financial constraints under information asymmetry, but cash-cashflow sensitivity and borrowing …

Persistent link: https://www.econbiz.de/10011823850

Financing constraints and SME innovation during economic crises

Madrid-Guijarro, Antonia; García-Pérez-de-Lema, Domingo; … - In: Academia Revista Latinoamericana de Administración 29 (2016) 1, pp. 84-106

Purpose The purpose of this paper is to provide a better understanding of the determinants of small and medium-sized enterprises (SME) financing constraints and their impacts on investments in innovation. To explicate these factors, the authors use a general definition of innovation,...

Persistent link: https://www.econbiz.de/10014677054

Investment-cash flow sensitivity and financial constraints: evidence from Pakistan

Riaz, Yasir; Shahab, Yasir; Bibi, Robina; Zeb, Shumaila - In: South Asian Journal of Global Business Research 5 (2016) 3, pp. 403-423

representative of financial constraints, by examining panel data consisting of 288 listed firms in Pakistan. Design …. Findings According to the results, the ICFS has increased monotonically with the level of financial constraints. Further, the … do not face severe financial constraints because of the greater market integration (Bekaert et al. , 2011, 2013) and …

Persistent link: https://www.econbiz.de/10015005861

The corporate governance and financing of small-cap firms in Canada

Atanasova, Christina; Gatev, Evan; Shapiro, Daniel - In: Managerial Finance 42 (2016) 3, pp. 244-269

Purpose – The purpose of this paper is to examine the interaction between corporate governance and capital structure for small publicly traded firms in Canada. Design/methodology/approach – The authors hand-collect data for all companies listed on the Canadian junior stock exchange and...

Persistent link: https://www.econbiz.de/10014941127

What determines firms’ zero-leverage policy in India?

Ghose, Biswajit; Kabra, Kailash Chandra - In: Managerial Finance 42 (2016) 12, pp. 1138-1158

policy could not be examined due to data inadequacy. However, financial constraints and the presence of ZL firms come out as …

Persistent link: https://www.econbiz.de/10014941140

Low-leverage policy dynamics: an empirical analysis

Ferrão, Joaquim; Curto, José Dias; Gama, Ana Paula - In: Review of Accounting and Finance 15 (2016) 4, pp. 463-483

different levels of debt aversion: financial constraints, financial flexibility and financial distress. Design …

Persistent link: https://www.econbiz.de/10014989917

Financing constraints, R&D investments and innovative performances : new empirical evidence at the firm level for Europe

Hall, Bronwyn H.; Moncada Paternò Castello, Pietro; … - In: Economics of innovation and new technology 25 (2016) 3/4, pp. 183-196

Persistent link: https://www.econbiz.de/10011449645

Patents as quality signals? : the implications for financing constraints on R&D

Hottenrott, Hanna; Hall, Bronwyn H.; Czarnitzki, Dirk - In: Economics of innovation and new technology 25 (2016) 3/4, pp. 197-217

Persistent link: https://www.econbiz.de/10011449660

Investment-uncertainty relationship : differences between intangible and physical capital

Bontempi, Maria Elena - In: Economics of innovation and new technology 25 (2016) 3/4, pp. 240-268

Persistent link: https://www.econbiz.de/10011449793

A balancing act : managing financial constraints and agency costs to minimize investment inefficiency in the Chinese market

Guariglia, Alessandra; Yang, Junhong - In: The journal of corporate finance : contracting, … 36 (2016), pp. 111-130

Persistent link: https://www.econbiz.de/10011453306