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The Role of Financial Flexibility on Enterprise Sustainable Development during the COVID-19 Crisis—A Consideration of Tangible Assets
16 references·8 citing·43 second hop
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Evidence from the COVID-19 Crisis (2020)How Valuable is Financial Fle…COVID–19’s Impact on Stock Prices Across Different Sectors—An Event Study Based on the Chinese Stock Market (2020)COVID–19’s Impact on Stock Pr…Working capital management: Financial and valuation impacts (2019)Working capital management: F…Financial flexibility, corporate investment and performance: evidence from financial crises (2013)Financial flexibility, corpor…Debt Financing and Financial Flexibility Evidence from Proactive Leverage Increases (2011)Debt Financing and Financial …Financial Flexibility, Investment Ability, and Firm Value: Evidence from Firms with Spare Debt Capacity (2010)Financial Flexibility, Invest…Capital structure dynamics and transitory debt (2010)Capital structure dynamics an…Why Do U.S. Firms Hold So Much More Cash than They Used To? 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this work references cited by second hop

References

  • 1978Specification Tests in Econometrics18,788 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 2001The theory and practice of corporate finance: evidence from the field5,947 cited
  • 1999The determinants and implications of corporate cash holdings3,910 cited
  • 2009Why Do U.S. Firms Hold So Much More Cash than They Used To?2,896 cited
  • 2003Corporate effects and dynamic managerial capabilities1,764 cited
  • 2008The Value of Financial Flexibility731 cited
  • 2020COVID–19’s Impact on Stock Prices Across Different Sectors—An Event Study Based on the Chinese Stock Market643 cited
  • 2008How and When Do Firms Adjust Their Capital Structures toward Targets?642 cited
  • 2010Capital structure dynamics and transitory debt532 cited
  • 2011Debt Financing and Financial Flexibility Evidence from Proactive Leverage Increases423 cited
  • 2010Financial Flexibility, Investment Ability, and Firm Value: Evidence from Firms with Spare Debt Capacity302 cited
  • 2020How Valuable is Financial Flexibility when Revenue Stops? Evidence from the COVID-19 Crisis270 cited
  • 2006Capital Structure, Payout Policy, and Financial Flexibility264 cited
  • 2013Financial flexibility, corporate investment and performance: evidence from financial crises

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251 cited
  • 2019Working capital management: Financial and valuation impacts210 cited
  • Cited by

    • 2023Firm climate change risk and financial flexibility: Drivers of ESG performance and firm value105 cited
    • 2022COVID-19 Pandemic Implications for Corporate Sustainability and Society: A Literature Review95 cited
    • 2021The impact of covid-19 on financial management: evidence from Romania83 cited
    • 2021How is COVID-19 altering the manufacturing landscape? A literature review of imminent challenges and management interventions82 cited
    • 2021Environmental, Social, Governance Risk and Corporate Sustainable Growth Nexus: Quantile Regression Approach48 cited
    • 2021The nonlinear relationship between financial flexibility and enterprise risk-taking during the COVID-19 pandemic in Taiwan?s semiconductor industry32 cited
    • 2024The nonlinear impact of financial flexibility on corporate sustainability: Empirical evidence from the Chinese manufacturing industry20 cited
    • 2025The paradoxes of sustainable HRM: Insights through the perspective of common good, green, social responsibility, and triple bottom line16 cited