Financing constraints, internal control quality and cost stickiness

Managers think that retaining resources is more effective than rebuilding resources after exhausting them. However, financing constraints have brought great uncertainty to this resource decision-making implemented by managers. Data of manufacturing listed firms in China from 2009 to 2017 are used he...

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Bibliographic Details
Main Authors: Yufeng Chen, Yanbai Ma
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2021-08-01
Series:Journal of Business Economics and Management
Subjects:
Online Access:https://journals.vgtu.lt/index.php/JBEM/article/view/14878