Financial flexibility and security issuance decisions

This paper examines the roles of financial flexibility in firms’ security issuance decisions.Focusing on Asian Real Estate Investment Trusts (REITs) that are subject to regulatory debt limit, we construct a direct proxy to financial flexibility measured as the difference between debt limit and actu...

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Bibliographic Details
Main Author: Wong, Woei Chyuan
Format: Conference or Workshop Item
Language:English
Published: 2014
Subjects:
Online Access:http://repo.uum.edu.my/11581/1/F.pdf
http://repo.uum.edu.my/11581/
http://umconference.um.edu.my/
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Institution: Universiti Utara Malaysia
Language: English
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