Zobrazeno 1 - 4
of 4
pro vyhledávání: '"Julia Oberndorfer"'
Autor:
Jochen Lawrenz, Julia Oberndorfer
Publikováno v:
Schmalenbach Journal of Business Research, Vol 75, Iss 4, Pp 483-518 (2023)
Abstract In order to identify the economic driver of negative investment-cash flow sensitivities (ICFS), we derive testable predictions from extending a theoretical investment model with endogenous financing costs (“revenue effect”) and contrast
Externí odkaz:
https://doaj.org/article/cb73a3dd8a0545beba8746c2c08e471e
Publikováno v:
Journal of Business Economics. 92:197-232
This study examines German firms’ managerial decision-making from the perspective of corporate cash holdings. An econometric analysis of 89,018 firm-year observations for 2004–2016 shows that East German firms hold significantly more cash than th
Publikováno v:
Journal of Business Economics. 92:233-233
Autor:
Julia Oberndorfer, Jochen Lawrenz
Publikováno v:
Journal of Banking & Finance. 93:1-20
By investigating trade credit usage among SMEs and large companies following the macroeconomic shock of the financial crisis of 2007/08, we identify a firm size effect, which is genuine in the sense that it cannot be entirely explained by financial c