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The interaction of the financing and investment decisions: Preliminary results in the Australian context
Authors:Carl Chiarella  Toan M Pham  Ah Boon Sim  Madeleine M L Tan
Abstract:This paper investigates the presence of the interaction of investment and financing decisions in Australian firms. Using simultaneous equations incorporating the variables of investment, dividend, and new debt issue, interactive effects are found for two sub-periods.
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