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...

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Bibliographic Details
Main Authors: Huang, Z, Mayer, C, Sussman, O
Format: Working paper
Language:English
Published: Oxford Finance 2008