Excess Cash Flow: A Signal for Institutional and Corporate Governance - Image 1

£75.21

MACMILLAN Excess Cash Flow: A Signal for Institutional and Corporate Governance

Name: Excess Cash Flow: A Signal for Institutional and Corporate Governance
Brand: MACMILLAN
Price: 75.21 GBP
Availability: InStock

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Description

Economic studies which examine the financing patterns of firms, particularly in emerging markets seldom consider the market environment in which they operate. The most recent Asian financial crisis and its exposure of institutional failures in the context of financial sector liberalization show that these market conditions are vital. The positive relationship between a firms excess cash flow and investment are well known but the environment which determines retention of cash as opposed to paying dividends remains unresolved. The results of this survey suggest a framework by which future research in data collection, theoretical analysis and empirical testing may be undertaken.

Product Specifications

Brand: MACMILLAN
Format: paperback
ASIN: 1349507296
Category: Books > Subjects > Business, Finance & Law > Management
Domain: Amazon UK
Release Date: 01 January 2003
Listed Since: 27 May 2016

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MACMILLAN Excess Cash Flow: A Signal for Institutional and Corporate Governance

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