Financial Constraints across Pakistani Listed Firms
نویسندگان
چکیده
منابع مشابه
Financial constraints and investment decisions of listed Indian manufacturing firms
Results: The analysis finds that cash flow sensitivity is a valid measure of financial constraints in the Indian manufacturing sector. Results according to splitting criteria found that investment decisions of standalone firms are more sensitive to cash flow than group affiliated firms. Further, splitting the firms according to market capitalization and tangible net worth reveals a higher degre...
متن کاملFinancial Reform and Financing Decisions of Listed Firms in Zimbabwe
We examine the impact of the economic reform programme on the financing choices of Zimbabwean listed companies. Using the published accounts of a sample of companies we show that listed firms rely heavily on external finance, especially short term bank financing. We estimate an eclectic econometric model of firms’ capital structure based on key predictions from the theory of finance, augmented ...
متن کاملForeign-Owned Firms and Financial Constraints: [Evidence from Ghana]
The ability of foreign firms to bring in additional capital to a host country together with technological and skill spillovers may relieve domestic firms of their financial constraints. Yet, some foreign firms borrow more from the local capital markets than the amount of capital they bring in, worsening the financial constraints of the domestic firms. We use a panel of 182 Ghanaian manufacturin...
متن کاملAn Investigation into the Effect of CEO’s Perceptual Biases on Investment Efficiency and Financing Constraints of the Iranian Listed Firms
Efficient market hypothesis predicts that capital markets are beset with cer-tain biases which result from wrong estimation, and negatively influence shareholders’ expectations for higher returns, which in turn affects invest-ment efficiency, financial constraints and corporate performance efficacy in competitive markets, and eventually mitigates firm value. The present study aims at examining ...
متن کاملFinancial crisis and the dynamics of corporate governance: Evidence from Taiwan's listed firms
Available online 24 January 2014 This study complements the governance literature by investigating how Taiwan listed firms adjusted their governance structure to cope with the 2008 financial crisis. The results from the principal component analysis (PCA) suggest that there are significant differences in the factor scores, such as Board Power (of the Largest Shareholders), Information Transparen...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: International Journal of Finance & Banking Studies (2147-4486)
سال: 2021
ISSN: 2147-4486
DOI: 10.20525/ijfbs.v10i2.1221