Results 21 to 30 of about 363,524 (299)
Digital infrastructure policies, local fiscal and financing constraints of Non-SOEs: Evidence from China. [PDF]
Digital infrastructure serves as a cornerstone of urban digital transformation and smart city development, yet its implications for local fiscal systems and micro-level enterprises remain underexplored.
Yuwei Liu, Sheng Ma, Mei Sun
doaj +2 more sources
Impact of Digital Supply Chain Finance to alleviate SMEs financing constraints: Evidence from SRDI enterprises in China [PDF]
Objective: To explore the alleviating effect of digital supply chain finance (DSCF) on financing constraints experienced by small- and medium-sized enterprises (SMEs), with a view to promoting the digital transformation of enterprises.
Shanshan He, Zhengyang Liu
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Financing Constraints and Corporate Growth [PDF]
This paper analyses the dynamic investment and growth prospects of a financially constrained firm. Three types of financing constraints are examined: internal finance, debt ceiling and exponential interest costs.
Roland Craigwell, Winston Moore
core +1 more source
Financing Constraints and Stock Price Volatility Empirical Evidence from Shanghai and Shenzhen A-share listed Companies [PDF]
Based on the theoretical analysis of financing constraints and stock price volatility, the hypothesis of “corporate financing constraints inhibiting corporate stock price volatility” is proposed.
Xiang Xuan, Dong Fei, Chen Junxiu
doaj +1 more source
Profit Taxation and Finance Constraints [PDF]
In the absence of financing frictions, profit taxes reduce investment by their effect on the user cost of capital. With finance constraints due to moral hazard, investment becomes sensitive to cash-flow and own equity of firms. We propose a corporate finance model of investment and derive three central results: (i) Even small taxes impose first order ...
Keuschnigg Christian, Ribi Evelyn
openaire +10 more sources
Financing constraints, internal control quality and cost stickiness
Managers think that retaining resources is more effective than rebuilding resources after exhausting them. However, financing constraints have brought great uncertainty to this resource decision-making implemented by managers.
Yufeng Chen, Yanbai Ma
doaj +1 more source
The Relationship between Financing Constraints and Cost of Equity of Iranian Listed Companies [PDF]
The aim of this study is to investigate the relationship between financing constraints and the cost of equity of listed companies on the Tehran Stock Exchange during 2010-2014.
Alireza Ramroz, Jahangir Afshari
doaj +1 more source
Uncertainty and Financing Constraints [PDF]
Abstract Using a panel of Dutch listed firms this paper provides empirical evidence for the hypothesis that more risky firms are confronted with more severe capital market constraints than relatively less risky firms. The paper also contributes to the discussion on the usefulness of cash flow as a measure of financial constraints.
Bo, Hong, Lensink, B.W., Sterken, E.
openaire +3 more sources
Determinants of financing constraints [PDF]
AbstractUsing a recursive bivariate probit model and survey data covering the period 2014–2018, the present paper aims to assess which factors in the financial market (supply side) have a higher impact on firms’ likelihood to be financially constrained.
Anabela Santos, Michele Cincera
openaire +2 more sources
Taking listed Chinese companies during 2009–2019 as objects, this paper constructs a multivariate discriminant model to measure the degrees of multiple financing constraints and establishes empirical models to analyze the non-linear relationship between ...
Jinzhong Li
doaj +1 more source

