The Impact of Hedging on the Relationship Between Corporate Investment and Cash Flow
碩士 === 國立臺灣大學 === 財務金融學研究所 === 94 === We examine the underinvestment rationale for corporate hedging and test the hypothesis that if firms hedge to reduce both their reliance on external funds and the volatility of internal cash flow, then their investment spending should be less sensitive to prehed...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2006
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| Online Access: | http://ndltd.ncl.edu.tw/handle/48196027815443339731 |