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Internal capital market inefficiencies, shareholder payout, and abnormal leverage
- Source :
- Journal of Corporate Finance. 43:39-57
- Publication Year :
- 2017
- Publisher :
- Elsevier BV, 2017.
-
Abstract
- • We examine internal capital market inefficiencies and U.S. multinational firms' return of capital to shareholders.
- Subjects :
- 040101 forestry
Economics and Econometrics
050208 finance
Leverage (finance)
Strategy and Management
05 social sciences
Financial system
Return of capital
04 agricultural and veterinary sciences
Cash flow forecasting
Shareholder
Operating cash flow
Multinational corporation
0502 economics and business
0401 agriculture, forestry, and fisheries
Business
Business and International Management
Cash management
Capital market
Finance
Subjects
Details
- ISSN :
- 09291199
- Volume :
- 43
- Database :
- OpenAIRE
- Journal :
- Journal of Corporate Finance
- Accession number :
- edsair.doi...........65101c4c8e4e20f5bb83eea71578a569
- Full Text :
- https://doi.org/10.1016/j.jcorpfin.2016.12.009