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Keywords: Industrial diversification
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Journal Articles
The impact of international and industrial diversification strategies on the cash flow sensitivity of cash
Available to Purchase
Journal:
Managerial Finance
Managerial Finance (2012) 38 (10): 977–992.
Published: 24 August 2012
... whether each diversification strategy alleviates or exacerbates firm's propensity to save cash out of its cash flows. Findings Evidence is found that industrial diversification mitigates the propensity of firms to save cash out of their cash flows. When the sample is partitioned into financially...
