Determinants of corporate cash holdings
WebMar 8, 2024 · This study aims to investigate a new determinant of corporate cash holdings of Australian energy firms: economic policy uncertainty (EPU). Based on two … WebFeb 1, 2005 · Cash Holdings and Business Conditions. Miguel A. Ferreira, Cláudia Custódio, Clara C. Raposo. Published 1 February 2005. Economics, Business. Corporate Finance: Governance. We investigate the relation between business conditions and corporate liquidity decisions by US firms. We find strong evidence that financially …
Determinants of corporate cash holdings
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WebApr 6, 2009 · Agency problems are an important determinant of corporate cash holdings. For a sample of more than 11,000 firms from 45 countries, we find that corporations in countries where shareholders rights are not well protected hold up to twice as much cash as corporations in countries with good shareholder protection. In addition, when shareholder ... WebThe Determinants and Implications of Corporate Cash Holdings. We examine the determinants and implications of holdings of cash and marketable" securities by …
WebThe purpose of this study is to investigate the determinants of corporate cash holdings in Canada. This study also seeks to extend the findings of Afza and Adnan (2007). A sample of 166 Canadian firms listed on Toronto Stock Exchange for a period of 3 years (from 2008-2010) was selected. This study applied co-relational and non-experimental ... WebCorporate cash holdings have been on the rise since the 1980s (Bates et al. 2009). The determinants ... When analysing potential determinants of corporate cash holdings, we do not find evidence for the hypothesis that South African companies at large are engaging in an investment strike. On the firm and industry levels, cash and liquidity are ...
Webdeterminants of corporate cash holdings, going further, it is important to understand the relationship between non-earning assets (cash holdings) and firm value, in order to evaluate WebWe examine the determinants and implications of holdings of cash and marketable securitiesbypubliclytradedU.S."rmsinthe1971}1994period.Intime-seriesandcross-section tests, we "nd evidence supportive of a static tradeo! model of cash holdings. In particular, "rms with strong growth opportunities and riskier cash #ows hold relatively
WebNov 11, 2024 · Second, financial leverage is a key determinant of cash holdings, indicating that cash and debt policies are tightly related. Third, none of the corporate …
WebThe aim of this paper is to study the development, determinants and valuation of Japanese corporate cash holdings in the period from 1988 to 2024, based on the approach of … try swivel outletWebAbstract Agency problems are an important determinant of corporate cash holdings. For a sample of more than 11,000 firms from 45 countries, we find that corporations in countries where shareholders … Expand. 1,381. PDF. View 2 … try swivelphillips 66 fire borgerWebfirm characteristics determine corporate cash holdings decisions. Thus, the determinants of corporate cash holding have been a subject of explanation in the framework of: the trade-off theory, financial hierarchy theory and free cash flow theory. 2.1.1 Trade-Off Theory tryswivelpower.comWebThe aim of this paper is to study the development, determinants and valuation of Japanese corporate cash holdings in the period from 1988 to 2024, based on the approach of Bates et al. (2009). Furthermore, I want to study how the roles of theoretical cash holding motives and corporate governance (reforms) in Japan are reflected in the three ... phillips 66 fitch credit ratingWebThis study analyses the factors that might explain the level of corporate cash holdings in a broad sample of Turkish-listed nonfinancial firms over the period 1997 to 2011. ... The … phillips 66 gear oil 220WebThis study analyses the factors that might explain the level of corporate cash holdings in a broad sample of Turkish-listed nonfinancial firms over the period 1997 to 2011. ... The findings indicate that the previous year's cash holding is positive and significant determinant at the current year's cash level, suggesting that these firms have a ... phillips 66 gateway