• Title of article

    Financing constraints and firm inventory investment: A reexamination

  • Author/Authors

    John D. Tsoukalas، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2006
  • Pages
    6
  • From page
    266
  • To page
    271
  • Abstract
    This paper shows that small firmsʹ inventory investment is substantially more sensitive (relative to large firms) to cash flow than previously recognized. Consequently, the strength of financing constraints on inventory investment may have been understated.
  • Keywords
    Inventories , Financing constraints , Dynamic panel data estimators
  • Journal title
    Economics Letters
  • Serial Year
    2006
  • Journal title
    Economics Letters
  • Record number

    435859