Results 41 to 50 of about 182,402 (312)
Cash Holdings and Business Conditions
We investigate the relation between business conditions and corporate liquidity decisions by US firms. We find strong evidence that financially constrained firms hold more cash during recessions and that business conditions are significant to constrained firms' cash decisions.
Custódio, Cláudia +2 more
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Ensuring business continuity requires maintaining financial liquidity and a certain level of cashholdings. This also applies to farms whose owners obtain funds from various sources, includingforeign capital.
Joanna Bereżnicka +1 more
doaj +1 more source
Determinants of corporate cash holdings: evidence from Vietnamese materials firms
This paper investigates factors affecting cash holdings of materials firms listed on Vietnamese stock exchanges. The study shows that leverage, profitability, cash conversion cycle, cash flows, and growth opportunities significantly affect the level of ...
Hue Chi Tran, Tran Trung Dzung Phan
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Firm value, corporate cash holdings and the role of managerial ability
Purpose: This empirical study investigates whether corporate cash holdings impact on firm value and whether this relationship is moderated by managerial ability.
Trust Chireka, Tankiso Moloi
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Corporate Cash Holdings and Exposure to Macroeconomic Conditions
Determinants of a firm’s cash holdings have been a popular topic of research in finance, especially after the rapid surge in cash holdings for U.S. firms since the 1980s.
YoungHa Ki, Ramesh Adhikari
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Asymmetric cash flow sensitivity of cash holdings
Abstract Almeida, Campello, and Weisbach (2004) and Riddick and Whited (2009) offer contrasting conclusions regarding the corporate cash flow sensitivity of cash. We use an augmented empirical model to affirm the conclusion in Riddick and Whited that the cash flow sensitivity of cash is generally negative.
Dichu Bao, Kam C. Chan, Weining Zhang
openaire +3 more sources
One aspect of the agency theory suggests that controlling shareholders exploit firm’s resources for personal benefits and thus, expropriate minority shareholders.
Christella Gabriel Purwanto +1 more
doaj +1 more source
Accruals Quality and Corporate Cash Holdings [PDF]
The consequences of good earnings quality to mitigate information asymmetry have been the subject of many empirical studies. However, evidence on implications of earnings quality on cash holdings is sparse.
Hossein Fakhari, Seyed Rohallah Taghavi
doaj
Bank Lines of Credit in Liquidity Management - The Impact of Recall Risk for German SMEs [PDF]
We use a unique sample of self-employed and corporate clients provided by a universal bank in Germany to investigate how recall risk of recallable bank lines of credit impact cash holdings and line usage.
Hubensack, Carsten +2 more
core +1 more source
Impact of financial constraints and financial distress on cash holdings
The aim of the study is to examine the impact of financial constraints and financial distress on cash holdings, both in normal and crisis times. We collected the 4,406 firm-year observations of companies listed on the Warsaw Stock Exchange (WSE).
Bukalska Elżbieta, Maziarczyk Anna
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