Cash flow-investment relationship in Malaysia: a panel threshold regression analysis
The objective of this article is to analyse the relationship pattern of cash flow-investment among low and high debt firms. To investigate the issue, we employed Hansen’s (1999) threshold method of non-dynamic panel data. In this article, the firm debt ratio was used as threshold variable. A bala...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2015
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| Online Access: | http://journalarticle.ukm.my/9607/1/12179-33189-1-SM.pdf http://journalarticle.ukm.my/9607/ http://ejournal.ukm.my/pengurusan/issue/view/749 |
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| Institution: | Universiti Kebangsaan Malaysia |
| Language: | English |