Corporate Policies under Transitory and Permanent Shocks of Cash Flows: An Empirical Study of Cash Management
Objective: Theoretical corporate finance literature claims that financial policies of firms are related to the nature of their cash flows shocks; that is firms respond to transitory and permanent cash flow shocks differently. However, a limited number of surveys are conducted in the empirical corpor...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
| Published: |
University of Tehran
2021-11-01
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| Series: | تحقیقات مالی |
| Subjects: | |
| Online Access: | https://jfr.ut.ac.ir/article_85048_ac896d331190ebca92b28a10964715b2.pdf |