What do Firms do with Cash Windfalls?
收藏NBER1993-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4258
下载链接
链接失效反馈官方服务：
资源简介：
Suppose that a firm receives a cash windfall which does not change its investment opportunity set, or equivalently its marginal Tobin's Q. What will this firm do with the money? We provide empirical answers to this question using a sample of firms with such windfalls in the form of a won or settled
提供机构：
美国国家经济研究局
创建时间：
1993-01-01
