Why do firms choose negative net debt policy?
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More about this item
Keywords
pecking order; leverage; cash; investment;All these keywords.
JEL classification:
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CFN-2018-10-22 (Corporate Finance)
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