Financial Constraints, Debt Overhang And
Corporate Investment: A Panel Smooth
Transition Regression Approach

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Financial Constraints, Debt Overhang And Corporate Investment: A Panel Smooth Transition Regression Approach

This paper provides new evidence on the impacts of financial constraints, growth opportunities and debt overhang on firm-level investments in 12 Asian countries, Australia and New Zealand over the period 1990–2010. Using Panel Smooth Transition Regression (PSTR) models that overcome the shortcomi...

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Bibliographic Details
Main Author:	Ameer, Rashid
Format:	Article
Language:	English
Published:	Asian Academy of Management (AAM) 2014
Subjects:	HD28-70 Management. Industrial Management
Online Access:	http://eprints.usm.my/40024/ http://eprints.usm.my/40024/1/AAMJAF_10-2-4_%2855-80%29.pdf

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