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Tu Uyen T. The article examines the effect of state ownership on the relationship between investment and cash flow in Vietnam, a small transitional economy. In addition, state-owned companies have higher cash Ownefship sensitivity of investment, which perhaps is due to their socioeconomic and political responsibilities, poor https://amazonia.fiocruz.br/scdp/essay/writing-practice-test-online/type-i-diabetes-mellitus-dmii.php governance, and agency problem.
Moreover, the investment of high-growth companies, both with and without state ownership, has lower dependence on internal cash flow.
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Additionally, low-growth state-owned companies have higher cash flow sensitivity of investment than those without state ownership, suggesting inefficient investment by the former. Thoa NAd. Nguyen, More about this item Statistics Access and download statistics. Corrections All material on this site has been provided by the respective publishers and authors.
Louis Fed. Help us Corrections Found an error or omission? RePEc uses bibliographic data supplied by the respective publishers.]
Excuse, that I interfere, would like to offer other decision.