Monetary Policy, Cash Flow and Corporate Investment: Empirical Evidence from Vietnam

Monetary Policy, Cash Flow and Corporate Investment: Empirical Evidence from Vietnam

This paper examines the relationships between macroscopic determinants (typically, monetary policies) and microscopic factors (mainly, cash flows and other controlling variables) on corporate investment. By employing system-GMM estimation for the 250 Vietnamese non-financial firms, the authors find...

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Bibliographic Details
Main Authors: Linh My Tran, Chi Hong Mai, Phuoc Huu Le, Chi Linh Vu Bui, Linh Viet Phuong Nguyen, Toan Luu Duc Huynh
Format: Article
Language:English
Published: MDPI AG 2019-03-01
Series:Journal of Risk and Financial Management
Subjects:
monetary policy
cash flow
investment
GMM
Online Access:http://www.mdpi.com/1911-8074/12/1/46

Internet

http://www.mdpi.com/1911-8074/12/1/46

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