ZHONG DING

Guangdong University of Foreign Studies

Collaborative Innovation Center for Silk Road

Guangzhou, Guangdong

China

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Investment–Cash Flow Sensitivity Measures Investment Thirst, But Not Financial Constraint

Accounting & Finance, Vol. 57, Issue 1, pp. 165-197, 2017
Number of pages: 33 Posted: 19 Mar 2020
Kebin Deng, ZHONG DING, Yushu Zhu and Qing Zhou
Guangdong University of Foreign Studies, Guangdong University of Foreign Studies, University of Queensland - Business School and Department of Applied Finance and Actuarial Studies, Macquarie University
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Abstract:

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Investment–cash flow sensitivity, Financial constraint, Investment thirst, Overinvestment