How Do Firms Finance Large Cash Flow Requirements?
How do firms finance large cash flow requirements? We examine this in the context of firms that are subject to substantial cash flow requirements. We find that trade credit, inventory and cash stock reductions are all important in the short term for mild requirements. Larger and longer cash flow sho...
Main Authors: | Huang, Z, Mayer, C, Sussman, O |
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Formato: | Working paper |
Idioma: | English |
Publicado: |
Oxford Finance
2008
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