Results 291 to 300 of about 1,231,700 (336)

Does CFO Gender Matter in Corporate Cash Holdings? Evidence from an Emerging Country

Emerging markets finance & trade
This study examines whether CFO gender is associated with corporate cash holdings in the context of China, one of the largest emerging market countries. We find that firms with female CFOs have more cash holdings than those with male CFOs.
Jonghyuk Bae, Kunsu Park, Ziyi Wang, Yunbing Huang, Zi-Yun Gu, Yanxuan Li   +5 more
semanticscholar   +1 more source

Corporate Cash Holdings

SSRN Electronic Journal, 2023
David J. Denis, Luxi Wang
openaire   +1 more source

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 ...
openaire   +1 more source

The Effect of Drinking Culture on Corporate Cash Holdings

Emerging markets finance & trade
We investigate the effect of drinking culture on corporate cash holdings using a sample of Chinese firms from 2011 to 2021. The findings suggest that the popularity of drinking culture increases corporate cash holdings.
Jian-Hua Tan, Kam C. Chan, Ya Li
semanticscholar   +1 more source

Corporate cash holdings and CEO compensation incentives

Journal of Financial Economics, 2010
We examine the effect of CEO compensation incentives on corporate cash holdings and the value of cash to better understand how compensation incentives designed to enhance the alignment of manager and shareholder interests may influence stockholder-bondholder conflicts.
Yixin Liu, David C. Mauer
openaire   +1 more source

Bank Branches Expansion and Corporate Cash Holdings: Evidence from the Distribution of Bank Branches in China

Emerging markets finance & trade
Using the geographical distribution data of banks’ physical branches at micro-firm level, this paper investigates the impact of bank branches expansion on corporate cash holdings.
Wanli Li, Wendong Pan, Yifan Ding
semanticscholar   +1 more source

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 ...
openaire   +1 more source

Cash holdings and corporate diversification

2012
This study documents a strong connection between corporate cash holdings and organization form, and explores why such a relation exists. Over the period 1990-2004, U.S. multi-division firms held 39 percent less cash as a fraction of assets than stand-alone firms, and the difference persists after controlling for firm size, capital structure, cash flows,
openaire   +1 more source

Corporate Governance and Firm Cash Holdings in the U.S.

Journal of Financial Economics, 2008
Using governance metrics based on antitakeover provisions and inside ownership, we find that firms with weaker corporate governance structures actually have smaller cash reserves. When distributing cash to shareholders, firms with weaker governance structures choose to repurchase instead of increasing dividends, avoiding future payout commitments.
Jarrad Harford, Sattar A. Mansi, William F. Maxwell   +2 more
openaire   +1 more source

Mandatory Information Disclosure Regulation and Corporate Cash Holdings: Evidence From a Quasi‐Natural Experiment

International Review of Finance
This paper examines the impact of mandatory information disclosure regulation on corporate cash holding decisions, a fundamental component of working capital management.
Xiang Zhang, R. Xu, H. Nguyen, Han Zhou
semanticscholar   +1 more source