Matches in SemOpenAlex for { <https://semopenalex.org/work/W2293995383> ?p ?o ?g. }
- W2293995383 abstract "This paper analyzes the investment and financing decisions of private and public firms. We focus on their use of cash flow and find that private firms have lower investment-cash flow sensitivities and a stronger link between performance and shareholder distributions, a behavior that is consistent with private firms suffering from fewer agency conflicts. However, our results are only observable in countries with a highly developed and liquid stock market and low ownership concentration. It is the “dark side” of liquidity that reduces the incentives for shareholders to actively monitor managers and leads to inefficient cash flow allocation in public firms." @default.
- W2293995383 created "2016-06-24" @default.
- W2293995383 creator A5039804346 @default.
- W2293995383 creator A5051295816 @default.
- W2293995383 creator A5052877453 @default.
- W2293995383 date "2016-01-01" @default.
- W2293995383 modified "2023-09-23" @default.
- W2293995383 title "Investment and Financing Decisions of Private and Public Firms" @default.
- W2293995383 cites W1489956968 @default.
- W2293995383 cites W1970041141 @default.
- W2293995383 cites W1977240483 @default.
- W2293995383 cites W1984640356 @default.
- W2293995383 cites W2024623582 @default.
- W2293995383 cites W2033041791 @default.
- W2293995383 cites W2047134779 @default.
- W2293995383 cites W2056238342 @default.
- W2293995383 cites W2100455342 @default.
- W2293995383 cites W2104795328 @default.
- W2293995383 cites W2106871543 @default.
- W2293995383 cites W2110273241 @default.
- W2293995383 cites W2116696086 @default.
- W2293995383 cites W2117178635 @default.
- W2293995383 cites W2118286204 @default.
- W2293995383 cites W2124115302 @default.
- W2293995383 cites W2125664626 @default.
- W2293995383 cites W2129123189 @default.
- W2293995383 cites W2129357135 @default.
- W2293995383 cites W2135241016 @default.
- W2293995383 cites W2139122730 @default.
- W2293995383 cites W2147206255 @default.
- W2293995383 cites W2149088624 @default.
- W2293995383 cites W2164250115 @default.
- W2293995383 cites W2324882500 @default.
- W2293995383 cites W2344257023 @default.
- W2293995383 cites W2890683563 @default.
- W2293995383 cites W3121239293 @default.
- W2293995383 cites W3121243830 @default.
- W2293995383 cites W3121332075 @default.
- W2293995383 cites W3121605141 @default.
- W2293995383 cites W3121786372 @default.
- W2293995383 cites W3122228147 @default.
- W2293995383 cites W3122333198 @default.
- W2293995383 cites W3122367432 @default.
- W2293995383 cites W3122711915 @default.
- W2293995383 cites W3122965193 @default.
- W2293995383 cites W3122965734 @default.
- W2293995383 cites W3123062155 @default.
- W2293995383 cites W3123204461 @default.
- W2293995383 cites W3123678323 @default.
- W2293995383 cites W3123782511 @default.
- W2293995383 cites W3124046399 @default.
- W2293995383 cites W3124062128 @default.
- W2293995383 cites W3124422916 @default.
- W2293995383 cites W3124429898 @default.
- W2293995383 cites W3124812427 @default.
- W2293995383 cites W3124896525 @default.
- W2293995383 cites W3125011891 @default.
- W2293995383 cites W3125036249 @default.
- W2293995383 cites W3125140669 @default.
- W2293995383 cites W3125269149 @default.
- W2293995383 cites W3125357717 @default.
- W2293995383 cites W3125531661 @default.
- W2293995383 cites W3125631031 @default.
- W2293995383 cites W3125654204 @default.
- W2293995383 cites W3125665227 @default.
- W2293995383 cites W3125754014 @default.
- W2293995383 cites W3125912220 @default.
- W2293995383 cites W4211116874 @default.
- W2293995383 cites W4236226259 @default.
- W2293995383 cites W4321207587 @default.
- W2293995383 cites W4376595489 @default.
- W2293995383 cites W4381085595 @default.
- W2293995383 doi "https://doi.org/10.2139/ssrn.2744492" @default.
- W2293995383 hasPublicationYear "2016" @default.
- W2293995383 type Work @default.
- W2293995383 sameAs 2293995383 @default.
- W2293995383 citedByCount "1" @default.
- W2293995383 countsByYear W22939953832019 @default.
- W2293995383 crossrefType "journal-article" @default.
- W2293995383 hasAuthorship W2293995383A5039804346 @default.
- W2293995383 hasAuthorship W2293995383A5051295816 @default.
- W2293995383 hasAuthorship W2293995383A5052877453 @default.
- W2293995383 hasConcept C10138342 @default.
- W2293995383 hasConcept C121426985 @default.
- W2293995383 hasConcept C144133560 @default.
- W2293995383 hasConcept C162324750 @default.
- W2293995383 hasConcept C17744445 @default.
- W2293995383 hasConcept C199539241 @default.
- W2293995383 hasConcept C199915308 @default.
- W2293995383 hasConcept C27548731 @default.
- W2293995383 hasConcept C50522688 @default.
- W2293995383 hasConcept C94625758 @default.
- W2293995383 hasConceptScore W2293995383C10138342 @default.
- W2293995383 hasConceptScore W2293995383C121426985 @default.
- W2293995383 hasConceptScore W2293995383C144133560 @default.
- W2293995383 hasConceptScore W2293995383C162324750 @default.
- W2293995383 hasConceptScore W2293995383C17744445 @default.
- W2293995383 hasConceptScore W2293995383C199539241 @default.
- W2293995383 hasConceptScore W2293995383C199915308 @default.
- W2293995383 hasConceptScore W2293995383C27548731 @default.