The Investment Efficiency of Diversified Firms in Taiwan：The Test of Internal Capital Market Hypothesis
碩士 === 亞洲大學 === 國際企業學系碩士班 === 95 === In this paper, we test the internal capital market hypothesis by examining the effect of changes of a firm’s operating cash flows on its investment expenditures. We find that the investment expenditures of the subsidiaries of diversified conglomerates firms had r...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2007
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| Online Access: | http://ndltd.ncl.edu.tw/handle/39296538847524648829 |