Do Internal Funds play an important role in Financing Decisions for Constrained Firms?

Abstract

In this paper, I discuss the importance of internal funds for corporate investment among financially constrained firms. I use the paper 'Financing Constraints and Corporate Investments' by Fazzari, Hubbard and Petersen.as a base for my framework. I focus on a specific paper refuting their findings and their response in order to fully understand the benefits… (More)

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Cite this paper

@inproceedings{Roychowdhury2015DoIF, title={Do Internal Funds play an important role in Financing Decisions for Constrained Firms?}, author={Barun Roychowdhury and Matthew Magilke and Mitch Warachka and Dean Nicholas Warner}, year={2015} }