The Allocation of Internal Cash FlowOver The Business Cycle

碩士 === 淡江大學 === 經濟學系碩士班 === 104 === This paper examines the allocation of internal cash flow over the business cycle. Using data from 2184 listed companies from Taiwan over the period 1991-2015, we find that unconstrained firms allocates more cash flows to cash and less cash flows to investment...

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Bibliographic Details
Main Authors: Pei-Chia Wu, 吳佩嘉
Other Authors: Yi-Chen Lin
Format: Others
Language:zh-TW
Published: 2016
Online Access:http://ndltd.ncl.edu.tw/handle/63488618005902114194