Results 281 to 290 of about 1,231,700 (336)

Top executive gender, corporate culture, and the value of corporate cash holdings

Journal of Financial Stability, 2023
We document that firms run by female executives are associated with a significantly greater value for their cash holdings. In these firms, the marginal value of one dollar is $1.39, while the comparable value is $0.90 for male managed firms. Further, the
Sudip Datta, Trang Doan, Francesca Toscano   +2 more
semanticscholar   +1 more source

Board gender diversity and corporate cash holdings: evidence from Australia

International Journal of Accounting & Information Management
Purpose This study aims to understand the dynamics of Australian boards by focusing on the influence of board gender diversity on firms' cash holdings, within the distinctive Australian “if not, why not” regulatory framework.
Ammad Ahmed, Atia Hussain
semanticscholar   +1 more source

Tax enforcement and corporate cash holdings

Journal of Business Finance & Accounting
Strengthened tax enforcement increases firms’ expected tax liabilities and uncertainty; thus, firms have incentives to hold more cash. Considering the staggered implementation of a new tax system that increases tax enforcement across provinces in China ...
Jiaren Pang, K. Wang, Le Zhao
semanticscholar   +1 more source

Does climate policy uncertainty influence corporate cash holdings? Evidence from the U.S. tourism and hospitality sector

Tourism Economics
We examine the influence of climate policy uncertainty (CPU) on corporate cash holding decisions of U.S. tourism and hospitality firms. We find that CPU is negatively associated with corporate cash holdings for tourism and hospitality firms in the United
Lei Zhang, Jing Gao
semanticscholar   +1 more source

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
openaire   +1 more source

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
openaire   +1 more source

Corporate cash holdings and financial performance: moderating effect of corporate governance and family ownership

South Asian Journal of Business Studies
PurposeThis study aims to examine the effect of corporate cash holdings on financial performance. Additionally, it investigates the moderating effect of corporate governance and family ownership on the link between corporate cash holdings and financial ...
Jameel Ahmed, Muhammad Tahir
semanticscholar   +1 more source

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
openaire   +1 more source

Does digital finance development affect corporate cash holdings? Evidence from China

Technology Analysis & Strategic Management
This paper examines how the level of development of digital finance affects corporate cash holdings. By utilising the Digital Finance Inclusive Finance Index compiled by the Internet Finance Research Center of Peking University and data from China's ...
Jiaying Fan, Kai Wang, Meiling Xu
semanticscholar   +1 more source

Marketization and corporate cash holdings: Role of financial constraint alleviation

International Review of Finance
This study examines the relationship between marketization and corporate cash holdings. Using a sample of the Chinese stock market spanning from 2007 to 2020, our empirical results show that marketization negatively affects corporate cash holdings.
L. Lei, Han Zhou, Di Wang
semanticscholar   +1 more source