Financing Constraints and Corporate Investment
收藏NBER1987-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2387
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资源简介：
Most empirical models of investment rely on the assumption that firms are able to respond to prices set in centralized securities markets (through the "cost of capital" or "q"). An alternative approach emphasizes the importance of cash flow as a determinant of investment spending, because of a
提供机构：
美国国家经济研究局
创建时间：
1987-09-01
