Rashid, Abdul; Hersi, Mahir Ahmed - In: International Journal of Managerial Finance 18 (2021) 2, pp. 317-335
Purpose: The paper examines the differential effect of liquidity constraints on corporate growth using unbalanced panel data for 457 Pakistani firms over the period 2010–2017. Design/methodology/approach: The study uses the probability of a financial unconstrained index constructed by...