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Keywords: Financial flexibility
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Journal Articles
Journal:
Review of Corporate Finance
Review of Corporate Finance (2026) 6 (1): 99–134.
Published: 21 April 2026
... dividend payouts more than other firms. Overall, our findings suggest that FFFs, relative to other firms, prioritize financial flexibility over bargaining power considerations when facing tighter labor markets, helping to reconcile the previously mixed evidence on the relationship between LMR...
Includes: Supplementary data
