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industrial policy reform in India. In line with the theory, this reform reduces markup levels and dispersion, and slows capital …
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In this paper we attempt to evaluate the impact of finance constraints on the growth of firms. We also take in our purview some of the other debated issues relating to firm growth such as growth distribution, persistence and influence of size and maturity. For a sample of 2282 Indian...
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Background: The purpose of the study is to understand the role of cash flow sensitivity to investment as a measure of financial constraints among listed Indian manufacturing firms. It also analyses the role of tangibility in alleviating financial constraints. Further, the role of other financial...
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