Allocation of internally generated corporate cash flow in Africa
Purpose: The purpose of this paper is to examine how managers of African firms, operating in environments characterised by less developed capital markets and weak institutional structures, make use of their internally generated cash flows. Design/methodology/approach: The authors use a panel data me...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Emerald Group Holdings Ltd.
2018
|
Subjects: | |
Online Access: | View Fulltext in Publisher |