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Pengaruh Cash Conversion cycle dan Growth Opportunity terhadap Cash Holding
Bandung Conference Series: Business and Management, 2023Abstract. This study aims to determine the effect of the Cash Conversion Cycle and Growth Opportunities on Cash Holding in Property and Real Estate Companies listed on the IDX for the 2020-2022 period. The method used in this research is associative research with a quantitative approach.
Nur Adila Nuryati endang suwanda +2 more
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The cash conversion cycle spread: International evidence
Journal of Banking & Finance, 2022The cash conversion cycle (CCC) is important for fundamental analysis as an indicator of management effectiveness in cash and financing. However, there is a lack of empirical evidence for its implications on asset pricing except for the very recent findings that high CCCs negatively predict stock returns in the U.S.
Chen, Catherine Huirong +2 more
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Cyberattacks, cash conversion cycle, and corporate performance
Journal of Corporate Accounting & Finance, 2023AbstractThis study examines the effect of working capital efficiency on the performance of firms that experience cyberattacks. We find robust evidence that an aggressive working capital policy improves the immediate and after‐market stock returns as well as the operating performance of firms that suffer an outside party or a malware hacker attack ...
Oneil Harris, Trung Nguyen
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A Weighted Cash Conversion Cycle
Financial Management, 19900 One principle of finance is to collect cash as quickly as possible and postpone the outflow as long as possible. This cash management principle is based on the traditional concepts of the cash operating cycle (OC) and the cash conversion cycle (CCC) shown in Richards and Laughlin (RL) [8].
James A. Gentry +2 more
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Cash conversion cycle and aggregate stock returns
Journal of Financial Markets, 2021Abstract In this paper, we empirically evaluate U.S. market return predictability based on an aggregate measure constructed from the bottom-up firm-level cash conversion cycle (CCC) for 1976–2018. We show that in sharp contrast to previous firm-level evidence, the aggregate CCC is a strong positive predictor of the aggregate stock market return both ...
Qi Lin, Xi Lin
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Determinants of cash conversion cycle in MENA countries
Managerial Finance, 2022PurposeThis study investigates the determinants of the cash conversion cycle (CCC in the Middle East and North Africa (MENA) countries).Design/methodology/approachUsing the data of 395 companies from 10 countries in the MENA region for six years (2013–2018), the authors run dynamic panel regressions.
Ilker Yilmaz, Haitham Nobanee
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