Journal Article Investment, Financing Constraints, and Internal Capital Markets: Evidence from the Advertising Expenditures of Multinational Firms Get access C. Edward Fee, C. Edward Fee Search for other works by this author on: Oxford Academic Google Scholar Charles J. Hadlock, Charles J. Hadlock Search for other works by this author on: Oxford Academic Google Scholar Joshua R. Pierce Joshua R. Pierce Search for other works by this author on: Oxford Academic Google Scholar The Review of Financial Studies, Volume 22, Issue 6, June 2009, Pages 2361–2392, https://doi.org/10.1093/rfs/hhn059 Published: 06 June 2008