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Capital Market Imperfections and Financialization of Real Sectors in Emerging Markets: Private Investment and Cash Flow Relationship Revisited
16 references·16 citing·31 second hopsampled
Capital Market Imperfections and Financialization of Real Sectors in Emerging Markets: Private Investment and Cash Flow Relationship Revisited (2008)Capital Market Imperfections and Financia…The cost of capital, corporation finance and the theory of investment (2008)The cost of capital, corporat…Financialisation and capital accumulation in the non-financial corporate sector:: A theoretical and empirical investigation on the US economy: 1973-2003 (2008)Financialisation and capital …Financialization and the World Economy (2005)Financialization and the Worl…Financialisation and the slowdown of accumulation (2004)Financialisation and the slow…Capital Market Liberalization, Economic Growth, and Instability (2000)Capital Market Liberalization…Capital-Market Imperfections and Investment (1997)Capital-Market Imperfections …Dynamic Investment Models and the Firm's Financial Policy (1994)Dynamic Investment Models and…Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Some Tests of Specification f…Financing Constraints and Corporate Investment (1988)Financing Constraints and Cor…Financing Constraints and Corporate Investment (1987)Financing Constraints and Cor…Good-bye financial repression, hello financial crash (1985)Good-bye financial repression…Credit Rationing in Markets with Imperfect Information (1981)Credit Rationing in Markets w…Money and Economic Growth (1965)Money and Economic GrowthThe Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Cost of Capital, Corporat…The General Theory of Employment, Interest and Money. (1936)The General Theory of Employm…The General Theory of Employment, Interest and Money, by John Maynard Keynes (1936)The General Theory of Employm…Extreme climate and corporate financialization: Evidence from China (2023)Extreme climate and corporate…Do tax incentives decelerate corporate financialization? Evidence from the VAT reform in China (2023)Do tax incentives decelerate …Social trust and corporate financial asset holdings: Evidence from China (2022)Social trust and corporate fi…Green credit policy and the stock price synchronicity of heavily polluting enterprises (2022)Green credit policy and the s…Financialisation in developing countries: approaches, concepts, and metrics (2022)Financialisation in developin…Cash holdings and corporate financialization: Evidence from listed Latin American firms (2022)Cash holdings and corporate f…The impact of bond market development on economic growth before and after the global financial crisis: Evidence from developed and developing countries (2021)The impact of bond market dev…Does stock market liberalisation restrain corporate financialisation? (2021)Does stock market liberalisat…Investment behavior of MSMEs during the downturn periods: Empirical evidence from Vietnam (2020)Investment behavior of MSMEs …Effect of financial constraints on the growth of family and nonfamily firms in Turkey (2020)Effect of financial constrain…Corporate Social Performance, Financialization, and Real Investment in US Manufacturing Firms (2019)Corporate Social Performance,…A Literature Review on Corporate Financialization (2019)A Literature Review on Corpor…Financialization and Investment: A Survey of the Empirical Literature (2018)Financialization and Investme…FINANCIALIZATION AND INVESTMENT: A SURVEY OF THE EMPIRICAL LITERATURE: FINANCIALIZATION AND INVESTMENT (2017)FINANCIALIZATION AND INVESTME…From Financialization to Sociospatial Polarization of the City? Evidence from C anada (2013)From Financialization to Soci…The role of relative price volatility in the efficiency of investment allocation (2012)The role of relative price vo…Increases in risk and in risk aversion (1974)Risk Sharing and Incentives in the Principal and Agent Relationship (1979)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Dependence and Growth (1996)Specification Tests in Econometrics (1978)Another look at the instrumental variable estimation of error-components models (1995)Initial conditions and moment restrictions in dynamic panel data models (1998)Econometric Analysis of Cross Section and Panel Data (2001)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)The Pricing of Options and Corporate Liabilities (1973)Law and Finance (1998)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Agency costs of free cash flow, corporate finance, and takeovers (1996)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Does the Stock Market Overreact? (1985)Noise Trader Risk in Financial Markets (1990)Postwar U.S. Business Cycles: An Empirical Investigation (1997)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)The Cash Flow Sensitivity of Cash (2004)CEO Overconfidence and Corporate Investment (2005)Corporate social responsibility and access to finance (2013)Introduction: epistemic communities and international policy coordination (1992)Financial liberalization, private investment and portfolio choice: Financialization of real sectors in emerging markets (2008)Financializing space, spacing financialization (2011)Making sense of financialization (2014)
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References

  • 1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations33,089 cited
  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
  • 1936The General Theory of Employment, Interest and Money.14,486 cited
  • 1981Credit Rationing in Markets with Imperfect Information12,762 cited
  • 2008The cost of capital, corporation finance and the theory of investment8,614 cited
  • 1936The General Theory of Employment, Interest and Money, by John Maynard Keynes6,220 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 1987Financing Constraints and Corporate Investment4,354 cited
  • 1997Capital-Market Imperfections and Investment2,600 cited
  • 2005Financialization and the World Economy2,177 cited
  • 1965Money and Economic Growth1,671 cited
  • 2000Capital Market Liberalization, Economic Growth, and Instability1,416 cited
  • 1985Good-bye financial repression, hello financial crash1,151 cited
  • 2004Financialisation and the slowdown of accumulation1,103 cited
  • 2008Financialisation and capital accumulation in the non-financial corporate sector:: A theoretical and empirical investigation on the US economy: 1973-2003

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983 cited
  • 1994Dynamic Investment Models and the Firm's Financial Policy977 cited
  • Cited by

    • 2019Corporate Social Performance, Financialization, and Real Investment in US Manufacturing Firms70 cited
    • 2022Social trust and corporate financial asset holdings: Evidence from China55 cited
    • 2023Extreme climate and corporate financialization: Evidence from China53 cited
    • 2023Do tax incentives decelerate corporate financialization? Evidence from the VAT reform in China49 cited
    • 2013From Financialization to Sociospatial Polarization of the City? Evidence from C anada42 cited
    • 2022Financialisation in developing countries: approaches, concepts, and metrics37 cited
    • 2019A Literature Review on Corporate Financialization36 cited
    • 2022Green credit policy and the stock price synchronicity of heavily polluting enterprises34 cited
    • 2021The impact of bond market development on economic growth before and after the global financial crisis: Evidence from developed and developing countries29 cited
    • 2017FINANCIALIZATION AND INVESTMENT: A SURVEY OF THE EMPIRICAL LITERATURE: FINANCIALIZATION AND INVESTMENT28 cited
    • 2018Financialization and Investment: A Survey of the Empirical Literature28 cited
    • 2022Cash holdings and corporate financialization: Evidence from listed Latin American firms24 cited
    • 2020Effect of financial constraints on the growth of family and nonfamily firms in Turkey23 cited
    • 2020Investment behavior of MSMEs during the downturn periods: Empirical evidence from Vietnam20 cited
    • 2012The role of relative price volatility in the efficiency of investment allocation19 cited
    • 2021Does stock market liberalisation restrain corporate financialisation?19 cited