Causes and Consequences of Cash Flow Sensitivity: Empirical Tests of the U.S. Lodging Industry
نویسندگان
چکیده
منابع مشابه
Causes and consequences of Cash Flow Sensitivity: Empirical Tests of the US Lodging Industry
The purpose of this paper is to investigate the causes and consequence of cash flow sensitivity. While cash flow has been regarded as an agency problem, empirical investigations in context of managerial conservatism or optimizing behavior are limited. In this paper we investigate two key aspects of cash flow sensitivity: whether cash flow sensitivity causes variations in fixed asset investments...
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ژورنال
عنوان ژورنال: The Journal of Hospitality Financial Management
سال: 2007
ISSN: 1091-3211,2152-2790
DOI: 10.1080/10913211.2007.10653835