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Financial flexibility, corporate investment and performance: evidence from financial crises (2013)
Journal Article
Arslan-Ayaydin, Ö., Florackis, C., & Ozkan, A. (2014). Financial flexibility, corporate investment and performance: evidence from financial crises. Review of Quantitative Finance and Accounting, 42(2), 211-250. https://doi.org/10.1007/s11156-012-0340-x

This study examines the impact of financial flexibility on the investment and performance of East Asian firms over the period 1994-2009. We employ a sample of 1,068 firms and place particular emphasis on the periods of the Asian crisis (1997-1998) an... Read More about Financial flexibility, corporate investment and performance: evidence from financial crises.