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文章基本信息

  • 标题:Investment-Cash Flow Sensitivity under Financial Constraints Case of Tunisia
  • 本地全文:下载
  • 作者:Fadoua Marouene ; Ezzeddine Abaoub
  • 期刊名称:International Journal of Business and Management
  • 印刷版ISSN:1833-3850
  • 电子版ISSN:1833-8119
  • 出版年度:2013
  • 卷号:8
  • 期号:9
  • 页码:14
  • DOI:10.5539/ijbm.v8n9p14
  • 出版社:Canadian Center of Science and Education
  • 摘要:

    Is investment cash flow sensitivity an adequate measure of a firm’s financial constraints? The answer to this
    question is an unresolved puzzle. This paper theoretically and empirically examines investment cash flow
    sensitivity and its ability to measure a firm's financial constraints. The empirical study focuses on an unbalanced
    panel of 88 Tunisian firms observed over the 1997 to 2007 period.

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