Do majority shareholder control deviation results in financial constraints?
Purpose: This study aims to analyze how the moral hazard of the majority shareholder results in financial constrainsts for Brazilian companies listed on Brazil, Bolsa and Balcão (B3). Method: we used the Ordinary Least Squares (OLS) to compare the cash flow sensitivity of cash for firms that have h...
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| Main Authors: | , |
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| Format: | Article |
| Language: | Portuguese |
| Published: |
Universidade Estadual de Maringá
2025-01-01
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| Series: | Enfoque |
| Online Access: | https://periodicos.uem.br/ojs/index.php/Enfoque/article/view/64485 |
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