{"id":"W3123238475","doi":"10.1111/jbfa.12367","title":"Investment and financing decisions of private and public firms","year":2018,"lang":"en","type":"article","venue":"Journal of Business Finance &amp Accounting","topic":"Corporate Finance and Governance","field":"Business, Management and Accounting","cited_by":30,"is_retracted":false,"has_abstract":true,"ca_institutions":"HEC Montréal","funders":"","keywords":"Cash flow; Shareholder; Incentive; Monetary economics; Operating cash flow; Business; Finance; Free cash flow; Agency (philosophy); Cash management; Agency cost; Stock (firearms); Investment (military); Principal–agent problem; Tobin's q; Economics; Corporate governance; Market economy","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.001096489,0.0001177882,0.0002551263,0.0004239086,0.0002318796,0.001554035,0.000146575,0.0005700475,0.004260291],"category_scores_gemma":[0.004717512,0.0001333376,0.0001773651,0.0005292476,0.0004237502,0.0006581233,0.0004372158,0.000319782,0.000278927],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.001207754,"about_ca_system_score_gemma":0.0004064917,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.005966313,"about_ca_topic_score_gemma":0.005953146,"domain_scores_codex":[0.9995818,0.0001026691,0.00002245564,0.00005285217,0.0000579462,0.0001824415],"domain_scores_gemma":[0.9941338,0.001968716,0.002800363,0.000154501,0.0002719154,0.0006707404],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"observational","study_design_gemma":"observational","study_design_scores_codex":[0.001147158,0.0004563446,0.9515035,0.00005477051,0.0001202695,0.0004768489,0.001235562,0.007840408,0.002164085,0.008685112,0.001263592,0.0250523],"study_design_scores_gemma":[0.00007752713,0.0002283202,0.9823987,0.00003735626,0.0000615883,0.000208494,0.001519407,0.007547735,0.001117128,0.003850993,0.002928664,0.0000240497],"study_design_candidate":"observational","study_design_consensus":"observational","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9978783,0.0001338712,0.00008358507,0.0001122109,0.000001454039,0.000003517401,0.00009567168,0.000001793828,0.001689647],"genre_scores_gemma":[0.9992074,0.00004162266,0.00001845496,0.000007457822,0.000003178925,0.00000143677,0.00008233808,4.550177e-7,0.0006376294],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.005966313,"threshold_uncertainty_score":0.01425213,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.03061250776826865,"score_gpt":0.2264036657252503,"score_spread":0.1957911579569817,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}