Financing Constraints, Earning Quality and Investment Efficiency: Evidence from Africa

Authors

  • Abdurahman Aliyi Ibrahim

  • Man Wang

Keywords:

Financial constraints, earning quality, investment efficiency, overinvestment, and underinvestment

Abstract

This study investigates the effect of financing constraints on investment efficiency in developing countries and how this relationship is conditional to the earning quality. We use the non-financial firms from 15 Africa countries from 2009 to 2018. We employed panel data analysis and classified the sample into a financially constrained and unconstrained firm to analyze this relationship.

How to Cite

Abdurahman Aliyi Ibrahim, & Man Wang. (2021). Financing Constraints, Earning Quality and Investment Efficiency: Evidence from Africa. Global Journal of Management and Business Research, 21(C2), 1–22. Retrieved from https://journalofbusiness.org/index.php/GJMBR/article/view/3344

Financing Constraints, Earning Quality and Investment Efficiency: Evidence from Africa

Published

2021-03-15