Financial Constraints, Intangible Assets, and Firm Dynamics : Theory and Evidence /
I study whether firms' reliance on intangible assets is an important determinant of financing constraints. I construct new measures of firm-level physical and intangible assets using accounting information on U.S. public firms. I find that firms with a higher share of intangible assets in total...
Hlavní autor: | |
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Médium: | Časopis |
Jazyk: | English |
Vydáno: |
Washington, D.C. :
International Monetary Fund,
2014.
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Edice: | IMF Working Papers; Working Paper ;
No. 2014/088 |
On-line přístup: | Full text available on IMF |