Email this article OPTIMAL INVESTMENT POLICY OF THE COMPANY UNDER FINANCIAL CONSTRAINTS
- Authors: Cherkasova V.A.1
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Affiliations:
- National Research University – Higher School of Economics, Moscow
- Issue: No 3 (2013)
- Pages: 69-74
- Section: Articles
- URL: https://vektornaukieconomika.ru/jour/article/view/491
- ID: 491
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Abstract
The article is devoted to the financial constraints related to limited access of companies to external sources of financing, as well as factors of financial constraints research. Approaches, which are testing the hypothesis of excessive sensitivity of investment to the company's cash flow, are compared, which is observed with great financial constraints.
About the authors
V. A. Cherkasova
National Research University – Higher School of Economics, Moscow
Author for correspondence.
Email: vacherkasova@yandex.ru
associate professor of economics and finance department
Russian FederationReferences
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