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Corporate cash holdings and promoter ownership
C.P. Gupta,Prateek Bedi +1 more
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In this article, the authors examined the relationship between corporate cash holdings and promoter ownership for a sample of Indian non-financial firms and found that promoter ownership is negatively associated with cash holdings, thereby highlighting the role of large owners in preventing cash accretion.About:
This article is published in Emerging Markets Review.The article was published on 2020-09-01. It has received 18 citations till now. The article focuses on the topics: Cash management & Cash.read more
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On making causal claims : A review and recommendations
TL;DR: In this article, the authors present methods that allow researchers to test causal claims in situations where randomization is not possible or when causal interpretation could be confounded; these methods include fixed-effects panel, sample selection, instrumental variable, regression discontinuity, and difference-in-differences models.
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Cash-rich firms and carbon emissions
TL;DR: In this article , the authors investigate whether corporate cash holdings affect carbon dioxide emissions and find that carbon emissions are lower in firms with higher corporate cash holding. But, the effect of cash holdings on carbon emissions is more pronounced in firms having low leverage and less financial constraints.
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National Governance and Corporate Liquidity in Organization of Islamic Cooperation Countries: Evidence based on a Sharia-compliant Liquidity Measure
Naiwei Chen,Min-Teh Yu +1 more
TL;DR: In this article, the determination of corporate liquidity in Organization of Islamic Cooperation (OIC) countries with emphasis on whether and how national governance has bearings on corporate liquidity was investigated, and the results suggest that NG improves corporate governance in OIC countries.
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Multiple large shareholders, control contests, and forced CEO turnover
Ruohan Zhong,Yanxi Li,Yun Wang +2 more
TL;DR: Li et al. as discussed by the authors used manually collected data of Chinese listed non-financial corporations to find that multiple large shareholders inhibit performance sensitivity to forced CEO turnover and are unrelated to forced turnover-integrity sensitivity.
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Financial Distress, COVID-19 and Listed SMEs: A Multi-methodology Approach
K. Singh,Shailesh Rastogi +1 more
TL;DR: In this article , the authors examine how corporate governance forms like promoters' ownership, financial performance and market competition affect the distress of listed SMEs, both in the pre-COVID-19 era and during the COVID19 period.
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Journal ArticleDOI
Board independence, ownership concentration and corporate performance—Chinese evidence☆
TL;DR: Wang et al. as mentioned in this paper exploited two sequential exogenous regulatory reforms in China (2001 board independence and 2005 share restructure) to study the incremental effect of the board independence on firm performance as ownership concentration declines.
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Understanding the Rise in Corporate Cash: Precautionary Savings or Foreign Taxes
TL;DR: Denis et al. as discussed by the authors show that the run-up in U.S. corporate cash is not uniform across firms but is concentrated in the foreign subsidiaries of multinational firms, and that falling foreign tax rates coupled with relaxed restrictions on income shifting are the root of changing foreign cash patterns.
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Motives for corporate cash holdings: the CEO optimism effect
TL;DR: This paper examined the chief executive officer optimism effect on managerial motives for holding more cash and found that optimistic managers hoard cash for growth opportunities, use relatively more cash for capital expenditure and acquisitions, and save more cash in adverse conditions.
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Cash holdings in SMEs: speed of adjustment, growth and financing
TL;DR: The effect of growth opportunities, financial constraints and financial distress on the speed of adjustment of small and medium-sized enterprises (SMEs) to their target cash holdings was studied in this article.
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Peer effects on corporate cash holdings
TL;DR: This article examined peer effects on the corporate cash holdings of manufacturing firms in the U.S. market and found that the ratio of cash to total assets is significantly influenced by peer firms' average cash holdings and their characteristics.