The relationship between fixed asset investments and cash flows of the firms listed in the Philippine Stock Exchange index (PSEi) excluding financial firms from years 2005-2009

• Main Authors: Ang, Cassandra Mae Y., Posio, Jeric Paul P., Santos, Maria Ysabel A., Villaverde, Ann Lorraine T.
• Format: text
• Language: English
• Published: Animo Repository 2008
• Subjects: Investments > Philippines; Corporations > Finance; Cash flow > Philippines; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/18472
• Institution: De La Salle University

Through the fast-paced evolution of technology and globalization, new innovative ideas are becoming available to the market. Of course, financial market imperfections are of existence. Agency costs and asymmetric information are some of the examples. Both of these can probably lead to overinvestment...