Sensibilidad de la inversión al flujo de caja bajo el optimismo empresarial: nuevas pruebas de datos de panel de compañías de la Bolsa de Nueva York

Autor: Abdelfettah Bouri, Ezzeddine Ben Mohamed, Richard Fairchild

Publikováno v: Journal of Economics, Finance and Administrative Science, Volume: 19, Issue: 36, Pages: 11-18, Published: JUN 2014
The bi-annual academic publication of Universidad ESAN; VOLUME 19, ISSUE 36, JUNE 2014; 8
Journal of Economics Finance and Administrative Studies; VOLUME 19, ISSUE 36, JUNE 2014; 8
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Universidad ESAN
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Journal of Economics Finance and Administrative Studies (22180648) vol. 19 Issue 36 (2014)
ESAN-Institucional

Investment cash flow sensitivity constitutes one important block of the corporate financial literature. While it is well documented in standard corporate finance, it is still young under behavioral corporate finance. In this paper, we test the invest

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http://www.scielo.org.pe/scielo.php?script=sci_arttext&pid=S2077-18862014000100003&lng=en&tlng=en