IEEE - Institute of Electrical and Electronics Engineers, Inc. - Is Investment-Cash Flow Sensitivity Caused by Financing Constraints or Agency Conflicts? Evidence from China

2007 International Conference on Management Science and Engineering

Author(s): Luo Qi ; Liu Li-jian
Publisher: IEEE - Institute of Electrical and Electronics Engineers, Inc.
Publication Date: 1 August 2007
Conference Location: Harbin, China
Conference Date: 20 August 2007
Page(s): 1,713 - 1,718
ISBN (CD): 978-7-88358-080-5
ISBN (Paper): 978-7-5603-2278-0
DOI: 10.1109/ICMSE.2007.4422089
Regular:

Based on a sample of Chinese listed companies, this paper explores the reasons for the relationship between cash flow and investment spending though examining the role of cash holdings on the... View More

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