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文章基本信息

  • 标题:Financial constraints, information asymmetry and Tunisian firm investment
  • 作者:Rejeb Aya Annabi ; Mouldi Djelassi ; Abdelaziz Hakimi
  • 期刊名称:Journal of Applied Finance and Banking
  • 印刷版ISSN:1792-6580
  • 电子版ISSN:1792-6599
  • 出版年度:2012
  • 卷号:2
  • 期号:4
  • 出版社:Scienpress Ltd
  • 摘要: The aim of this paper is to empirically analyze the effect of financial constraint, information asymetry on the firm investment. On the basis of a data relating to 394 Tunisian firms observed over the period 2001-2008 and by adopting the panel data method, our findings show that the effect of financial constraints varies according to the number of bank-firm relations, the funding mechanisms and the investment type.
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