Investment-cash flow sensitivity: Evidence from investment in identifiable intangible and tangible assets activities
(2022)
Journal Article
In this study, we examine whether investments in fixed (identifiable) intangible assets and tangible assets are sensitive to cash flow and the extent to which this sensitivity differs for firms with different levels of financial constraints. Using bo... Read More about Investment-cash flow sensitivity: Evidence from investment in identifiable intangible and tangible assets activities.