Browsing BI Open by Author "Soelberg, Runhild Bjerkomp"
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Three perspectives on the cash flow sensitivity of cash
Soelberg, Runhild Bjerkomp (Master thesis, 2017)In this thesis, I analyze the effect of cash flows on changes in cash holdings. I compare the cash flow sensitivity of cash in financially constrained and unconstrained firms, and find that financially constrained firms ...