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
Exit, voice, and loyalty : responses to decline in firms, organizations, and states
TL;DR: Zimbardo et al. as discussed by the authors studied the effects of severity of initiation and high penalties for exiting from public goods (and evils) on consumer reactions to price rise and quality decline in the case of several connoisseur goods.
Journal ArticleDOI
How to do xtabond2: An introduction to difference and system GMM in Stata
TL;DR: This paper introduced linear generalized method of moments (GMM) estimators for situations with small T, large N panels, with independent variables that are not strictly exogenous, meaning correlated with past and possibly current realizations of the error; with fixed effects; and with heteroskedasticity and autocorrelation within individuals.
Journal ArticleDOI
Additional evidence on equity ownership and corporate value
John J. McConnell,Henri Servaes +1 more
TL;DR: The authors investigated the relation between Tobin's Q and the structure of equity ownership for a sample of 1,173 firms for 1976 and 1,093 firms for 1986 and found a significant curvilinear relation between Q and common stock owned by corporate insiders.
Journal ArticleDOI
A finite sample correction for the variance of linear efficient two-step GMM estimators
TL;DR: The authors showed that the extra variation due to the presence of these estimated parameters in the weight matrix accounts for much of the difference between the finite sample and the usual asymptotic variance of the two-step generalized method of moments estimator, when the moment conditions used are linear in the parameters.