Journal ArticleDOI
Corporate cash holdings and promoter ownership
C.P. Gupta,Prateek Bedi +1 more
Reads0
Chats0
TLDR
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
Citations
More filters
Posted Content
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.
Journal ArticleDOI
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.
Journal ArticleDOI
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.
Journal ArticleDOI
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.
Journal ArticleDOI
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.
References
More filters
Journal ArticleDOI
Macroeconomic uncertainty and corporate liquidity: the Indian case
Saumitra N. Bhaduri,Mrinal Kanti +1 more
TL;DR: In this paper, the effect of firm level and macroeconomic uncertainty on the decisions of Indian firms with regard to their optimal cash holdings was analyzed. And the authors found strong support for the hypothesis that Indian firms increase their cash holdings with an increase in either form of uncertainty.
Journal ArticleDOI
Corporate Cash Holdings: An Empirical Investigation of Indian Companies:
TL;DR: In this article, the authors examined the pattern of cash holdings of 266 Indian companies comprised in the S&P BSE 500 index for the period 2005-2015 to understand the factors that influence the level of c...
Journal ArticleDOI
Ownership, Internal Capital Markets, and Cash Holdings
Zhenkung Wang,Yanping Wang +1 more
TL;DR: In this article, the authors pointed out that Chinese rapid economy development and financial market is not coordinated, and distortions exist in the allocation of credit resources, which often occurs via internal capital markets (ICMs).
Journal ArticleDOI
Corporate social responsibility and cash holdings in India: Evidence from a natural experiment
TL;DR: In this paper, the authors used a natural experiment setting, i.e., the implementation of mandatory CSR spending regulation in India in 2015, to test the relationship between CSR and cash holdings.
Journal ArticleDOI
Institutional investors, monitoring and corporate finance policies
W. Sean Cleary,Jun Wang +1 more
TL;DR: The authors examined the influence of institutional investors' investment horizons (IIIH) on a wide variety of key corporate policies and found that firms with a greater long-term institutional investor base maintain lower investment outlays, higher dividend payments, lower levels of cash and higher levels of leverage.