Impact of financial flexibility on debt maturity, investment decisions and performance of firms in Malaysia and Australia
Financial flexibility was defined as a firm’s ability to respond in a timely manner to unanticipated shocks or changes in firms’ cash flows and investment opportunity. Financially flexible firm reserves some borrowing power to avoid any financial distress, which enable firm to issue new debts...
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Format: | Thesis |
Language: | English |
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2018
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Online Access: | http://psasir.upm.edu.my/id/eprint/76839/1/GSM%202018%2032%20IR.pdf |