Alternative measure of financial development and investment-cash flow sensitivity: evidence from an emerging economy

Alternative measure of financial development and investment-cash flow sensitivity: evidence from an emerging economy

Abstract This study examines the impact of financial development on corporate investment in terms of their influence on financing constraints. This study also tries to find the effect of financial development on the investment-cash flow sensitivity across the size, degree of financial constraints an...

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Bibliographic Details
Main Authors: Gaurav Gupta, Jitendra Mahakud
Format: Article
Language:English
Published: SpringerOpen 2019-01-01
Series:Financial Innovation
Subjects:
Business groups
Cash flow
Corporate investment
Financial constraints
Financial development
Firm size
Online Access:http://link.springer.com/article/10.1186/s40854-018-0118-9

Internet

http://link.springer.com/article/10.1186/s40854-018-0118-9

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