Article ID Journal Published Year Pages File Type
5089752 Journal of Banking & Finance 2012 10 Pages PDF
Abstract
► We investigate the effects of sales uncertainty on firms' inventory investment. ► We consider both direct and indirect effects via firms' financial strength. ► We use large panels of manufacturing firms from several European countries. ► Higher sales uncertainty leads to larger stocks of inventories. ► Firm financial strength mitigates the adverse effects of uncertainty.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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