Results 221 to 230 of about 2,344 (255)

Corruption and Corporate Cash Holdings

Emerging Markets Finance and Trade, 2021
In this study, we examine the relation between corruption and corporate cash holding policy using data from 35,288 firms in 44 countries.
Dong Wook Seo, Seung Hun Han
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Empirical Essays on Corporate Cash Holdings [PDF]

, 2019
Cash holdings is an important factor in the determination of corporate financing policy providing unconditional liquidity available at any given time. The recent Global Financial Crisis also highlights the importance of corporate cash holdings. In this thesis, we examine the marginal value of cash holdings under different economic conditions, combining
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Shariah compliance and corporate cash holdings

Research in International Business and Finance, 2019
Abstract This study investigates the influence of Shariah compliance status on cash holding levels and the speed of adjustment of non-financial listed firms in six Gulf Cooperation countries from 2005 to 2016. The results show that Shariah compliance status has a significant effect on firms’ cash holding decisions.
Abdullah Bugshan, Faisal Alnori, Walid Bakry   +2 more
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Corporate precautionary cash holdings

Journal of Corporate Finance, 2007
This paper models the precautionary motive for a firm's cash holdings. A two-period investment model shows that the cash holdings of financially constrained firms are sensitive to cash flow volatility because financial constraints create an intertemporal trade-off between current and future investments.
Seungjin Han, Jiaping Qiu
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Corporate Cash Holdings and Acquisitions

Financial Management, 2017
AbstractWe find that acquirers’ announcement returns decline with their cash holdings, but only when at least part of the payment is in the form of stock. We further find evidence that acquirers that use stock payment are overvalued, especially when they have excess cash that they could have used instead.
Erik Lie, Yixin Liu
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Corporate strategy uniqueness and cash holdings

Financial Review
AbstractThis study examines the effect of unique strategies on corporate cash holdings. We find a U‐shaped relationship between strategy uniqueness and cash holdings. When strategy uniqueness is low, the increase in uniqueness enhances a company's competitive advantage, leading to low demand for cash reserves.
Zhenzhen Sun, Rongrong Zhang, Yifei Li
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Corporate Cash Holdings

SSRN Electronic Journal, 2023
David J. Denis, Luxi Wang
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Cash Holdings and Corporate Diversification

The Journal of Finance, 2010
ABSTRACTThis paper studies the relation between corporate liquidity and diversification. The key finding is that multidivision firms hold significantly less cash than stand‐alone firms because they are diversified in their investment opportunities. Lower cross‐divisional correlations in investment opportunity and higher correlations between investment ...
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Corporate Governance and Cash Holdings

2021
Corporate cash induces the opportunistic behavior of corporate managers that can create an agency problem. A corporate governance system controls the opportunistic behavior of managers and can affect the firm's policy on holding cash. This study explains how the aspects of corporate governance, country-level and firm-level governance, can affect the ...
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Corporate Governance Mechanisms and Corporate Cash Holdings

SSRN Electronic Journal, 2004
In this paper, we examine whether corporate governance mechanisms play some role in determining the cash balances held by Singapore corporations. We document that board size, insider dominance of the board, and non-management blockholder ownership are important determinants of cash holdings.
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