Financial Reporting Quality, Debt Maturity and Investment Efficiency
Under neo-classical theory, firms invest until the marginal benefit equals the marginal cost of this investment in order to maximize their values. However, in the Keynesian framework, where expected investment will be determined by the preference for growth or for financial security, and in the agen...
Main Authors: | , |
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Format: | Article |
Language: | fas |
Published: |
Alzahra University
2014-12-01
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Series: | راهبرد مدیریت مالی |
Subjects: | |
Online Access: | http://jfm.alzahra.ac.ir/article_1805_edef8b01c5108689f54a96c4b81f269d.pdf |