How Q and Cash Flow Affect Investment without Frictions: An Analytic Explanation

By Andrew B. Abel, Janice C. Eberly. 2011

149 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/1201a29823f910e9438a586c8fcffa0f4ec7b588

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Chen Xue
2. Kewei Hou
3. Lu Zhang
4. R. Peters
5. Haitao Mo
6. Lucian A. Taylor
7. Xiaoji Lin
8. Dongmei Li

In Economics and Econometrics

1. Lu Zhang
2. Kewei Hou
3. Chen Xue
4. R. Peters
5. Haitao Mo
6. Lucian A. Taylor
7. L. Gu
8. Baruch Lev

In Strategy and Management

1. Kewei Hou
2. Chen Xue
3. Lu Zhang
4. R. Peters
5. Haitao Mo
6. Lucian A. Taylor
7. Xiaoji Lin
8. Dongmei Li

Citations in the corpus

• An Augmented q-Factor Model with Expected Growth* (2020, background): “In addition, the investmentcash flows relation can arise theoretically even without financial constraints (Gomes, 2001; Alti, 2003; Abel and Eberly, 2011).”
• Intangible Capital and the Investment-q Relation (2017, background): “For example, Gomes (2001), Hennessy and Whited (2007), and Abel and Eberly (2011) develop models predicting significant cash flow slopes even in the absence of financial frictions.”