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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
Foreign institutional ownership and corporate cash holdings: evidence from emerging economies
TL;DR: In this paper, the authors investigated the effects of foreign institutional ownership on cash holdings, a strategic corporate financing choice, and found that while foreign ownership has a negative effect on stock holdings, it also increases the contribution of cash to firm valuation, through mitigation of agency conflicts and alleviation of financing constraints.
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Cash holdings and business group membership
TL;DR: In this paper, the authors examined the cash policies of business group members (i.e., affiliates) and found that business group affiliates hold significantly smaller amounts of cash as compared to non-affiliated firms.
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Cash holdings speed of adjustment
Svetlana Orlova,Ramesh P. Rao +1 more
TL;DR: In this article, the authors examined the speed of adjustment of cash holdings and extended the recent work that highlights the importance of accounting for heterogeneity of the adjustment speed of stock holdings and found that firms with cash deficits, rated firms and firms with financial surpluses have a slower speed of adjusting, while firms with excess cash, non-rated firms and non-rating firms that have financial deficit adjust towards the target faster.
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Ownership structure, corporate governance and corporate liquidity policy
TL;DR: In this article, the impact of ownership structure and corporate governance on corporate liquidity policy from a developing country perspective, Ghana Stock Exchange (GSE) is examined, where the authors adopt multiple regression analysis in estimating the relationship between ownership structure, corporate governance and corporate liquidity policies as well as the impact on insider ownership.
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Principal-principal conflicts and corporate cash holdings: Evidence from China
TL;DR: Wang et al. as discussed by the authors investigated the effect of principal-principal (PP) conflicts on corporate cash holdings and found that PP conflicts are positively associated with cash holdings.