Financial frictions are important transmission mechanism of the adverse effect of policy
uncertainty on economic output. We use Chinese listed firms' data to verify the mechanism …

This paper examines an unexplored issue of how a firm's competitive environment, proxied
by import penetration, affects its debt maturity structure. We document a significant, positive …

Purpose This paper aims to study the leverage adjustment behavior of firms distinguished
based on financial flexibility. Financial flexibility is one of the key strengths of the companies …

This paper examines the impact of product market competition on the dividend policy of
Indian firms. We have taken product market competition as the proxy of external corporate …

The study attempts to pinpoint politically and economically induced corporate payout
patterns in Ukrainian pharmaceutical firms. The authors identify key trends of corporate …

This study examines the relation between annual report readability and corporate payouts.
Using the BOG Index as the primary measure of readability, we find that less readable …

The Purpose of this research is SAP-LAP Scenario Analysis of Financial/Accounting
Functions Decision. This research in terms of methodology, Is the mixed method studies …

Financial flexibility plays a crucial role in enabling companies to maximize their expansion
capabilities and adapt to unforeseen events and changes in a competitive market. The …

The purpose of this study was designing a model of financial flexibility functions for industrial
infrastructure development of َAbadan oil refining comIn this study, 12 financial management …

Purpose: The existence of financial flexibility as one of the development strategies in the
operational structures of companies in the face of challenges and market changes that …