Results 11 to 20 of about 108,267 (306)
Corporate social responsibility and corporate cash holdings [PDF]
Journal of Corporate Finance, 2016 We identify three channels and the corresponding mechanisms through which corporate social responsibility (CSR) may affect corporate cash holdings. CSR firms are expected to have relatively low cash holdings because they tend to have low idiosyncratic risk due to their higher social capital with stakeholders.
Adrian W K Cheung
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Corporate Cash Holding in Asia [PDF]
SSRN Electronic Journal, 2013 In this paper, we analyze the determinants of corporate saving in the form of changes in cash holdings for 11 Asian economies using firm‐level data from the Oriana Database for the 2002–2011 period. We find some evidence that cash flow has a positive impact on the change in cash holdings (i.e.
Charles Yuji Horioka +1 more
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Corporate Cash Holdings, National Culture, and Multinationality [PDF]
, 2007 We examine the relations between national cultures, the multinationality of the firm and its holdings of cash. We develop several hypotheses from well known corporate finance theories and theories of the multinational firm, positing that cultural factors
Ramirez, Andres, Tadesse, Solomon
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Corporate cash holding and firm value [PDF]
Applied Economics, 2011 This study contrasts the effect of cash holding on firm value for a sample of US industrial firms during 2001-2007. The study tests empirically for the existence of an optimal cash level that maximizes firm value. Secondly, the study analyzes whether or not deviations from the optimum cash level reduce firm value.
Cristina Martinez-Sola +2 more
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ETF Ownership and Corporate Cash Holdings [PDF]
SSRN Electronic Journal, 2019 AbstractDo exchange‐traded funds (ETFs) influence corporate cash holding decisions? Consistent with reduced managerial learning from the stock market and increased uncertainty due to higher ETF ownership, we show that firms included in ETF baskets have higher cash holdings as a precautionary response.
Tosun, Onur Kemal, El Kalak, Izidin
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Frontiers in Environmental Science, 2022 Exploiting the 2014 Environmental Protection Law (EPL) in China as quasi-natural experiments, we adopt a difference-in-differences approach to examine the impact of environmental regulation on corporate cash holdings.
Chao Zhang +3 more
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Corporate Diversification and Cash Holding [PDF]
SSRN Electronic Journal, 2015 Cash holding is one of company's internal funding sources that might be used for investment purposes. In fact, corporate investment funding policy may affect the magnitude of the cash holding because management must decide proper sources of the funds, i.e. internal and external priorities, and which sources will be taken first.
Kurnia Purnamasari, Noorlaily Fitdiarini
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Determinants of Corporate Cash Holdings: Evidence from India
Ramanujan International Journal of Business and Research, 2019 We examine the evolution and determinants of corporate cash holdings of Indian non-financial firms for the period 2001-2016. In contrast to a prominent increase in corporate liquidity levels globally after the global financial crisis, we document a ...
Mr. C.P Gupta, Mr. Prateek Bedi
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Over-Investment, the Marginal Value of Cash Holdings and Corporate Governance [PDF]
بررسیهای حسابداری و حسابرسی, 2017 This study examines the relationship between marginal value of cash holdings and overinvestment as well as corporate governance of firms in the capital market (i.e. Tehran Stock Exchange).
Seyyed Mahmoud Mousavi Shiri +2 more
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The COVID-19 outbreak and corporate cash-holding levels: Evidence from China
Frontiers in Psychology, 2022 By employing data from Shanghai and Shenzhen A-share markets for the period of 2019–2020, this paper examines the relationship between the degree of the COVID-19 pandemic’s impact on firms’ cash-holdings levels in China.
Donghua Zhou +3 more
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