Tapping into Financial Synergies: Alleviating Financial Constraints Through Acquisitions [PDF]
Finance and Economics Discussion Series, 2018 The paper examines whether financially constrained firms are able to use acquisitions to ease their constraints. The results show that acquisitions do ease financing constraints for constrained acquirers. Relative to unconstrained acquires, financially constrained firms are more likely to use undervalued equity to fund acquisitions and to target ...
Rohan Williamson, Jie Yang
openalex +2 more sources
Financial Constraints and Firm Export Behavior [PDF]
The World Economy, 2009 The paper analyzes the link between financial constraints and firm export behavior. Our main finding is that firms enjoying better financial health are more likely to become exporters.
Flora Bellone +3 more
core +9 more sources
Cognitive financial constraints and firm growth [PDF]
Small Business Economics, 2021 This study distinguishes entrepreneurs’ cognitive financial constraints from financial supply constraints and assesses their relative importance to small business growth.
Jun Du, Bach Nguyen
semanticscholar +3 more sources
Exporting, Capital Investment and Financial Constraints [PDF]
SSRN Electronic Journal, 2009 Many firms cite financial constraints as some of the most important impediments to their investment and growth. Using a unique data set from the Czech Republic this paper investigates the importance of financing constraints in the context of exporters ...
Mariana Spatareanu, Vlad Manole
core +5 more sources
Do Largest Shareholders Incentively Affect Financial Sustainability Under Holdings Heterogeneity? Regulation/Intermediary of Financial Constraints Through Managerial Behavior Games. [PDF]
Front Psychol, 2022 Zhang L.
europepmc +3 more sources
Identifying Financial Constraints [PDF]
SSRN Electronic Journal, 2020 We propose a new methodology to recover firm-time varying financial constraints from firms' production behavior. We model financial constraints as the profitability that firms forgo when budget constraints on production inputs bind, impeding them from using the optimal level of inputs and technology.
Cherchye, Laurens +4 more
openaire +3 more sources
Do Measures of Financial Constraints Measure Financial Constraints? [PDF]
Review of Financial Studies, 2013 Financial constraints are fundamental to empirical research in finance and economics. We propose two tests to evaluate how well measures of financial constraints actually capture constraints. We find that firms typically classified as constrained do not in fact behave as if they were constrained: they have no trouble raising debt when their demand for ...
Joan Farre-Mensa, Alexander Ljungqvist
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Resource constraints and firm innovation: When less is more?
Chinese Journal of Population, Resources and Environment, 2023 This paper explores the relationship between resource constraints and innovation of new firms. Drawing upon the relevant literature, we incorporate resource constraints as the antecedent to the bricolage-innovation link.
Shuxing Chen, Tao Shen
doaj +1 more source
Unveiling the hidden power: How ESG enhanced Indonesian companies' financial flexibility
Jurnal Siasat Bisnis, 2023 Purpose – The company’s investors and lenders increasingly see that ESG is an important aspect to implement and disclose that can determine their investment or lending decision. This decision can impact the firm's capital inflow and financing capability,
Ayudya Shinta Yunica, Rofikoh Rokhim
doaj +1 more source
Digital financial inclusion, Financial Mismatch and Small and medium-sized enterprises Financing Constraints [PDF]
SHS Web of Conferences, 2023 Digital financial inclusion through the use of big data, artificial intelligence and other emerging technologies is becoming increasingly sophisticated in China.
Hu Guohui, Wang Sisi
doaj +1 more source