Search Results - subject:"Investment cash flow sensitivity"

The investment-cash flow sensitivity and the financing constraints hypothesis for emerging markets : a bibliometric and systematic literature review

Doruk, Ömer Tuğsal - In: Journal of business and socio-economic development 5 (2025) 2, pp. 122-138

investment-cash flow sensitivity in emerging markets should be analyzed in light of capital market imperfections, financial …/methodology/approach - A systematic literature review and bibliometric analysis are used to identify the main features of investment-cash flow … sensitivity and the financing constraints hypothesis in the context of emerging markets. Findings - Financing constraints and …

Persistent link: https://www.econbiz.de/10015397358

Classes of homogeneous financing constraints and corporate investment

Iona, Alfonsina; Leonida, Leone - 2024

Does corporate finance literature accurately identify firms facing homogeneous financing constraints when studying the impact of financing constraints on corporate investment? The short answer is no. The common practice of using pre-determined percentiles of a financing constraint metric...

Persistent link: https://www.econbiz.de/10015124964

Cash flow sensitivity and managerial optimism : evidence from the UK

Al Mwalla, Mona; Al-Khouri, Ritab; Al-Gharaibeh, Sujood M. - In: Montenegrin journal of economics 20 (2024) 4, pp. 149-159

Persistent link: https://www.econbiz.de/10015158012

Self-serving attribution and managerial investment decision

Chung, Chune Young; Choi, Changhwan; Fard, Amirhossein - In: Bulletin of economic research 76 (2024) 3, pp. 749-772

Persistent link: https://www.econbiz.de/10015133072

Classes of homogeneous financing constraints and corporate investment

Iona, Alfonsina; Leonida, Leone - 2024 - This version: 09 October 2024

Persistent link: https://www.econbiz.de/10015095119

What drives negative investment-cash flow sensitivities? Revenue effect versus corporate life-cycle dynamics

Lawrenz, Jochen; Oberndorfer, Julia - In: Schmalenbach Journal of Business Research (SBUR) 75 (2023) 4, pp. 483-518

In order to identify the economic driver of negative investment-cash flow sensitivities (ICFS), we derive testable predictions from extending a theoretical investment model with endogenous financing costs ("revenue effect") and contrast them with the corporate life-cycle hypothesis. We find that...

Persistent link: https://www.econbiz.de/10014512388