Corporate investment and the role of expected profitability: a re-examination
<p>In the first chapter, we extend the empirical analysis in Cummins et al. (2006) to consider the significance of lagged cash flow in explaining the investment behaviour of the publicly-traded US companies, using their sample for years between 1982 and 1999. We find significant evidence of ex...
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| Format: | Thesis |
| Language: | English |
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2023
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