pursue innovation by exploring how the level of financial constraints shapes the impact of WCM on corporate performance … financial constraints largely defines the firm's optimal WCM approach. Practical implications The authors' study reveals to … slumps. Originality/value To the best knowledge of the authors, this is the first study that explores WCM and financial …

This paper analyzes the effect of financial constraints on firms' corporate social responsibility. Exploiting … heterogeneity in firms' exposure to a monetary policy shock in the U.S., which reduced financial constraints for some firms, I find … financial constraints reduces pollution as it allows firms to implement pollution abatement measures. …

debt capacity constraints. Against this backdrop, this study investigated the effects of financial constraints on firm … capital structure in Kenya. This was implemented by interacting a financial constraints dummy with the right-hand side … variables of pecking order test equation to allow for any variation of capital structure across financial constraints regimes …