Role of free cash flows in making investment and dividend decisions: The case of the shipping industry
This paper investigates how cash flow influences the levels of investment and dividends in the shipping industry. Using generalized least squares (GLS) regressions the study reports how free cash flow (FCF) of shipping firms of different sizes influence investment and dividends. Moreover, it shows t...
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| Format: | Article |
| Language: | English |
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Elsevier
2018-06-01
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| Series: | Asian Journal of Shipping and Logistics |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2092521218300257 |