Ding, Yuanyao; Qian, Xu - In: International Journal of Economics and Financial Issues 4 (2014) 3, pp. 449-456
internal cash flow in China’scentralstate-owned companies can be explained by“hypothesis of free cash flow”It is the cost of … thanentrenchment effect. However,the sensitivity of investment to internal cash flow in China’s non-state owned companies supports the …