Does financial flexibility enhance firm value? A comparative study between developed and emerging countries
This paper investigates the effect of financial flexibility on firm value, on a comparative basis between developed and emerging countries in Europe. Our dataset covers 4,334 companies from 15 developed and 1,436 companies from 6 emerging countries in Europe for the period between 2000 and 2016. Fir...
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| Format: | Article |
| Language: | English |
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Vilnius Gediminas Technical University
2020-10-01
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| Series: | Business: Theory and Practice |
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| Online Access: | https://www.bjrbe.vgtu.lt/index.php/BTP/article/view/12680 |