Analysis of the previous test shows that the cash flow risk of different life cycle enterprises are subject to economic . According to the hypothesis 2, the effect of boom on growth enterprises (Growth) is significant. of GDP of mature (Mature) and declining (Recession) firms in H clusters of annual growth rate (GRGDP), bank H loan interest rate (LOAN) and maturity of capital markets (SMGDP) A statistical summary of the coefficients and significance results is provided in tables 5-7. The first is the coefficient of annual gross domestic product growth (GRGDP), which is 10% long significant level; recession -0.4447, significant at 5%; maturity -0.3478,1% water On the flat. Generally speaking, the degree of economic prosperity has obvious to the cash flow risk of different life cycle enterprises However, the risk of cash flow in growing enterprises is by the macroeconomic outlook However, hypothesis 2 of this paper can be W verified.
Analysis of the previous test shows that the cash flow risk of different life cycle enterprises are subject to economic . According to the hypothesis 2, the effect of boom on growth enterprises (Growth) is significant. of GDP of mature (Mature) and declining (Recession) firms in H clusters of annual growth rate (GRGDP), bank H loan interest rate (LOAN) and maturity of capital markets (SMGDP) A statistical summary of the coefficients and significance results is provided in tables 5-7. The first is the coefficient of annual gross domestic product growth (GRGDP), which is 10% long significant level; recession -0.4447, significant at 5%; maturity -0.3478,1% water On the flat. Generally speaking, the degree of economic prosperity has obvious to the cash flow risk of different life cycle enterprises However, the risk of cash flow in growing enterprises is by the macroeconomic outlook However, hypothesis 2 of this paper can be W verified.
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