Financial constraints and the interdependence of corporate financial decisions: A cross-country study

Financial constraints and the interdependence of corporate financial decisions: A cross-country study

Purpose – This paper aims to examine the interdependence of financial decisions (investment, financing, dividends and cash-holding) under financial constraints. Design/methodology/approach – The authors specify and estimate a system of simultaneous equations with panel data and firm fixed effects by...

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Bibliographic Details
Main Authors: Guilherme Kirch, Paulo Renato Terra
Format: Article
Language:English
Published: Emerald Publishing 2020-09-01
Series:RAUSP Management Journal
Subjects:
financial constraints
financial decisions
cash flow sensitivity
Online Access:https://www.emerald.com/insight/content/doi/10.1108/RAUSP-01-2019-0003/full/pdf?title=financial-constraints-and-the-interdependence-of-corporate-financial-decisions-a-cross-country-study

Internet

https://www.emerald.com/insight/content/doi/10.1108/RAUSP-01-2019-0003/full/pdf?title=financial-constraints-and-the-interdependence-of-corporate-financial-decisions-a-cross-country-study

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