Corporate Governance and Liquidity Constraints: A Dynamic Analysis
Corporate Governance and Liquidity Constraints: A Dynamic Analysis
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London: Palgrave Macmillan UK
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Language
English
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Publisher
London: Palgrave Macmillan UK
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Contents
Rich panel data for a large and representative sample of Estonian firms are used to estimate the sensitivity of access to capital to differing ownership structures. This is done through explicitly modelling firm investment behaviour in a dynamic setting in the presence of adjustment costs, liquidity constraints and imperfect competition. We estimat...
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Full title
Corporate Governance and Liquidity Constraints: A Dynamic Analysis
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TN_cdi_proquest_miscellaneous_858277831
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_858277831
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ISSN
0888-7233
E-ISSN
1478-3320
DOI
10.1057/ces.2009.10