The Relationship between CEO Turnover and Investment - Cash Flow; Evidence from listed Indonesian Firms

碩士 === 輔仁大學 === 國際經營管理碩士學位學程 === 105 === We study the relationship between CEO turnover and firm investment-cash flow sensitivity using Indonesian listed companies over periods of 2008 to 2014. First, we find significant positive relationship between firm investment and cash flow among listed Indone...

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Bibliographic Details
Main Authors: Muhammad Rifar Erif Lukman, 莫罕亞瑞夫
Other Authors: Yawei Yang
Format: Others
Language:en_US
Published: 2017
Online Access:http://ndltd.ncl.edu.tw/handle/14339085595329347059
Description
Summary:碩士 === 輔仁大學 === 國際經營管理碩士學位學程 === 105 === We study the relationship between CEO turnover and firm investment-cash flow sensitivity using Indonesian listed companies over periods of 2008 to 2014. First, we find significant positive relationship between firm investment and cash flow among listed Indonesian companies. Seconds the firms with positive relationship are mostly the firms with over-investment problem. Lastly, the relationship between CEO-turnover and investment cash flow has found to be weak among observed companies.