融资约束与企业投资

Financing Constraints and Corporate Investment

Brookings Papers on Economic Activity · 1988
被引 5591 · 同刊同年前 7%
人大 A-ABS 3

中文导读

研究了融资约束如何影响企业投资行为,发现融资受限的企业投资对现金流更敏感,对财务政策制定者和投资者有参考价值。

Abstract

Steven M. Fazzari, R. Glenn Hubbard, Bruce C. Petersen, Alan S. Blinder, James M. Poterba, Financing Constraints and Corporate Investment, Brookings Papers on Economic Activity, Vol. 1988, No. 1 (1988), pp. 141-206

融资约束企业投资现金流敏感性