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Keywords: Macroeconomic exposure
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Journal Articles
The informational role of macroeconomic exposure in corporate investment efficiency
Available to Purchase
Journal:
Managerial Finance
Managerial Finance (2022) 48 (12): 1771–1794.
Published: 04 August 2022
...' macroeconomic exposure is associated with sensitivity of their segment-level investments to growth opportunities and how internal and external frictions affect this association cross-sectionally. Design/methodology/approach This study follows prior research to identify high-macroinformation firms...
