Financing constraints and internal capital markets: Evidence from Korean `chaebols'
作者： Hyun-Han Shin , Young S. Park
DOI: 10.1016/S0929-1199(99)00002-4
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摘要: We compare the investment–cash flow sensitivity of Korean chaebols (conglomerates) and non-chaebol firms. We show that investment–cash flow sensitivity is low and insignificant for …
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