Three essays on corporate finance
This dissertation contains three essays on corporate finance. Essay One decomposes cash flow into a temporary and a permanent component, and show that the temporary component has little information content about future growth opportunities. We then study how firms allocate cash flow by estimating th...
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| Format: | Thesis |
| Language: | English |
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2014
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| Online Access: | http://hdl.handle.net/10356/58903 |