Title :
The effect factor on cash investment of non-financial listed company in USA
Author :
Dong, Xinan ; Qiao, Hongwu
Author_Institution :
Economics and Management School, WuHan University, WuHan, China
Abstract :
According to investment method, this paper investigates investment in four parts: cash outflows direct investment, cash inflow direct investment, and cash outflows indirect investment and cash inflow indirect investment. This paper uses four indexes as proxy variable to describe the expansion and contraction of the cash flows of investment. Furthermore, the author studies the influence factors of the public company investment lagging autoregressive distribution model. The empirical research shows that the internal and external factors have different functions, in the investment decision-making.
Keywords :
Companies; Economic indicators; Indexes; Investments; Macroeconomics; Uncertainty; Cash flow; Cash investment; Indirect investment;
Conference_Titel :
E -Business and E -Government (ICEE), 2011 International Conference on
Conference_Location :
Shanghai, China
Print_ISBN :
978-1-4244-8691-5
DOI :
10.1109/ICEBEG.2011.5881854