Results 261 to 270 of about 181,890 (312)

Cash holdings and relationship lending

Journal of Corporate Finance, 2021
We examine the effect of relationship lending on a firm's cash-holding levels. Relationship lending allows lenders to generate private information about borrowers which mitigates their financial constraints. We find that cash-holding levels for firms with a relationship lender are significantly lower compared to non-relationship borrowers.
Sandeep Dahiya   +2 more
openaire   +1 more source

CORPORATE CASH HOLDINGS

Journal of Applied Corporate Finance, 2001
There have been several cases in recent years—most notably, Chrysler—in which shareholders have objected to the level of companies' holdings of cash and other liquid assets. This paper describes the authors' study of the determinants of liquid asset holdings by publicly traded U.S. firms and how these holdings change over time. For those companies that
Tim Opler   +3 more
openaire   +1 more source

Strategic deviance and cash holdings

Journal of Business Finance & Accounting, 2020
AbstractWe examine the impact of strategic deviance on corporate cash holdings and find that firms with strategies that deviate from their industry peers hold more cash. This pattern can be consistent with an agency motive, a precautionary motive, or both.
Xueyan Dong   +3 more
openaire   +1 more source

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