Market implied ratings and financing constraints: evidence from US firms [PDF]
Financing constraints have been found to play an important role in several aspects of firm behavior, but no attention has been given to their effects on credit ratings.
Adams +45 more
core +1 more source
Faktor-Faktor yang Memengaruhi Kepemilikan Kas (Studi pada Perusahaan Manufaktur yang Listing di Bursa Efek Indonesia Tahun 2007-2013 ) [PDF]
This study seeks to explain the tendency of company cash holding by examining the factors that influence it. Growth opportunity, leverage, level of non-cash liquid asset, cash flow, cash volatility, firm size, and devidend payment are independent ...
ISGIYARTA, Jaka, WIRAGALIH, Airlangga
core
Declining Fixed Investment and Increasing Financial Investment of Korean Corporations
This paper aims to determine factors causing the stagnation of Korean firms’ fixed investment after the global financial crisis, using panel data for the period of 1999-2016.
Daehwan Kim, Sunhee Kwon, Jai-Won Ryou
doaj +1 more source
Cash Flow Volatility and Corporate Investment
I examine the effect of cash holdings on the relationship between cash flow volatility and corporate investment. My results call into question the long-assumed negative association between cash flow volatility and corporate investment. Using an expanded dataset of U.S.
openaire +2 more sources
Pengaruh Book-tax Differences, Volatilitas Arus Kas, Volatilitas Penjualan, Besaran Akrual, dan Tingkat Utang terhadap Persistensi Laba (Studi Empiris pada Perusahaan Aneka Industri yang Terdaftar di Bei Tahun 2010-2014) [PDF]
This research is aimed to examine and find out evidence of the influence of (1) book-tax differences,(2) cash flow volatility, (3) sales volatility, (4) magnitude of accrual, and (5) leverage on earnings persistence.
Hariadi, H. (Hariadi) +2 more
core
Do investors value cash flow stability of listed infrastructure funds? [PDF]
I analyze cash flow characteristics of listed infrastructure investment companies and funds and compare this unique infrastructure sample with a non-infrastructure reference group.
Bitsch, Florian
core
Term Default, Balloon Risk, and Credit Risk in Commercial Mortgages [PDF]
Term default and balloon risk play an interactive role in the pricing of credit risk in commercial mortgages. Most commercial mortgage pricing studies assume a borrower\u27s default decision is based solely on the property value; the mortgage valuation ...
Eppli, Mark, Tu, Charles C.
core +3 more sources
Determinants of Corporate Cash Holdings: Evidence from India
We examine the evolution and determinants of corporate cash holdings of Indian non-financial firms for the period 2001-2016. In contrast to a prominent increase in corporate liquidity levels globally after the global financial crisis, we document a ...
Mr. C.P Gupta, Mr. Prateek Bedi
doaj +1 more source
Free Cash-Flow, Issuance Costs and Stock Price Volatility [PDF]
We study the issuance and payout policies that maximize the value of a firm facing both agency costs of free cash-flow and external financing costs. We find that the firm optimally issues equity.
Décamps, Jean-Paul +3 more
core
PENGARUH DIVIDENT PAYOUT RATIO, FREE CASH FLOW, DAN GROWTH TERHADAP VOLATILITAS HARGA SAHAM PADA PERUSAHAAN BARANG KONSUMSI YANG TERDAFTAR DI BEI TAHUN 2010-2014 [PDF]
Dalam transaksi di pasar modal, para investor sering mengamati volatilitas dari harga saham untuk melihat fluktuasi harga saham selama periode tertentu.
PUTRI, GHINA
core +1 more source

