The Marginal Value of Cash: Structural Estimates from a Model with Financing and Agency Frictions
Published Online:14 Aug 2024https://doi.org/10.1287/mnsc.2022.01013
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The replication files for this article are available HERE.
- Cited by
- 28 November 2025 | Asian Review of Accounting, Vol. 11
Volume 71, Issue 5
May 2025
Pages iv-vi, 3641-4531
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- Received:April 02, 2022
- Accepted:October 14, 2023
- Published Online:August 14, 2024
Copyright © 2024, INFORMS
Cite as
Sudipto Dasgupta; , Di Li; , Erica X. N. Li (2024) The Marginal Value of Cash: Structural Estimates from a Model with Financing and Agency Frictions. Management Science 71(5):3667-3687.
https://doi.org/10.1287/mnsc.2022.01013
Keywords
For helpful comments, the authors thank Nicholas Chen, Vidhan Goyal, and Abhiroop Mukherjee, and Luke Taylor and other seminar participants at the Cheung Kong Graduate School of Business, Chinese University of Hong Kong, and Peking University. All remaining errors are our own.
