Cash Flow Management and the Cost of Debt
I decompose operating cash flow into two components, unmanaged operating cash flow and managed operating cash flow, to examine the association between managed operating cash flow and the cost of debt. For all firms the results suggest the cost of debt has a significant negative association with bot...
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| Language: | EN |
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The University of Arizona.
2007
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| Online Access: | http://hdl.handle.net/10150/195862 |