Essays about: "cash flow sensitivity of investment"

Showing result 1 - 5 of 7 essays containing the words cash flow sensitivity of investment.

  1. 1. New natural gas power plants in the EU : -The risks of stranded assets under different fuel and carbon price scenarios

    University essay from KTH/Skolan för industriell teknik och management (ITM)

    Author : John Mogren Olsson; [2023]
    Keywords : ;

    Abstract : Current and planned fossil fuelled electricity generation is expected to meet or exceed the global carbon budget for 2°C, without including emissions from any other economic sector. At the current rate, the EU ETS will stop issuing new emissions allowances to industry and power plants before 2040. READ MORE

  3. 2. Cashflow Investment Relationship: Empirical Evidence of Chinese Financial Market

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Jenifar Soheli; Wenxi Lyu; [2022]
    Keywords : Investment; Cash flow; Leverage; Revenue; Tobin’s Q; Business and Economics;

    Abstract : Purpose: In this study, we examine the data from Chinese companies to test the relationship between cash flow and investment. While a wide assortment of previous research has examined the relationship between cash flow and investment, they have largely focused on empirical analysis from an US or a Western perspective. READ MORE

  4. 3. Tax Policy, Investment, and Financial Constraints: Heterogeneous Responses to the 2013 Swedish Corporate Income Tax Reform

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi; Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Simon Wilhelm Rothschild; Ossian van Arkel; [2020]
    Keywords : Tax Policy; Investment; Financial Constraints; Cash Holdings; Investment-Cash Flow Sensitivity;

    Abstract : There is little research at the intersection of corporate income taxation, financial constraints, and investments. We seek to clarify this relationship by investigating the heterogeneous investment responses of constrained and unconstrained firms induced by the 2013 reduction in the Swedish statutory corporate income tax rate from 26. READ MORE

  5. 4. Investment-Cash Flow Sensitivity for Swedish Firms

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Victor Abrahamsson; Sofia Knobel; [2016]
    Keywords : Overinvestment; Underinvestment; Free Cash Flow; Agency Cost Theory; Financing Constraints;

    Abstract : The aim of this bachelor thesis is to determine whether there exists a relationship between a firm's level of overinvestment or underinvestment and its level of positive free cash flow or negative free cash flow respectively. We collect data from 165 Swedish firms listed on OMX Stockholm Stock Exchange between 2008-2014. READ MORE

  6. 5. Do Female Directors Limit CEOs' Irrational Decisions A quantitative study from a behavioral point of view

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Olivia Wasniewski; [2011]
    Keywords : behavioural finance; overconfidence; cash flow sensitivity of investment; corporate governance; gender;

    Abstract : Previous studies in behavioral corporate finance have shown that various decisions on company level are affected by different psychological biases of those running the businesses, resulting in irrational corporate behavior. One commonly studied bias is managerial overconfidence, and one effect that it has shown to have is to increase the cash flow sensitivity of investment. READ MORE