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FINANCIAL FLEXIBILITY AND FINANCIAL POLICY

Journal: Educational Research International (Vol.6, No. 2)

Publication Date:

Authors : ;

Page : 90-95

Keywords : Financial flexibility; Financial Policy; Payout Policy; Leverage Policy;

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Abstract

This paper surveys research on financial flexibility, with special attention to its influences on capital structure and payout policy. This paper includes five sections: first, explains why financial flexibility matters; second, explains how to get financial flexibility for a corporation; third, details how to measure financial flexibility; fourth, summarizes relationship between financial flexibility and payout policy; finally, draws conclusions and elaborates future research prospects.

Last modified: 2017-09-10 01:47:00