Excess cash flow: a signal for institutional and corporate governance
Auteur :
Dhumale, R.
Éditeur :
Palgrave Macmillan
ISBN :
9781349507290
Date de publication :
1 janv. 2003
Dimensions :
21,6 x 14,0 cm
Langue :
Anglais
Pays d'origine :
Grande Bretagne
Economic studies which examine the financing patterns of firms, particularly in emerging markets seldom consider the market environment in which they operate. The most recent Asian financial crisis and its exposure of institutional failures in the context of financial sector liberalization show that these market conditions are vital.