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The Future of Corporate Financing in Europe
... II. LITERATURE REVIEW Fazzari, Hubbard, and Petersen (1988) [1] [3] studied the dividend-paying behavior of financing-constrained companies, and found that companies with a high degree of financing constraints tended to equity financing. Rüdiger Fahlenbrach et al. (2017) [4] studied the relationship between financing constraints and financing behaviors based on European companies. ...
... II. LITERATURE REVIEW Fazzari, Hubbard, and Petersen (1988) [1] [3] studied the dividend-paying behavior of financing-constrained companies, and found that companies with a high degree of financing constraints tended to equity financing. Rüdiger Fahlenbrach et al. (2017) [4] studied the relationship between financing constraints and financing behaviors based on European companies. ...
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