Journal ArticleDOI
Determinants of Corporate Cash Holdings
TLDR
In this paper, the authors examined the financial determinants of corporate cash holdings using a panel data regression method and used the fixed-effects method based on Hausman test results.Abstract:
This article aims at examining the financial determinants of corporate cash holdings. The study employs panel data regression method. It uses the fixed-effects method based on Hausman test results ...read more
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Corporate cash holdings and promoter ownership
C.P. Gupta,Prateek Bedi +1 more
TL;DR: 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.
Journal ArticleDOI
Mining risk-related sentiment in corporate annual reports and its effect on financial performance
Renáta Myšková,Petr Hájek +1 more
TL;DR: The role of sentiment souvisejiciho s kontextem vsak v oblasti financnich rizik zůstava nedostatecně pochopena.
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...
The determinants of corporate cash management policies: Evidence from around the world
Yuanto Kusnadi,K.C. John Wei +1 more
TL;DR: In this paper, the authors examine the determinants of corporate cash management policies across a broad sample of international firms and find that firms in countries with strong legal protection of minority investors are more likely to decrease their cash holdings in response to an increase in cash flow than are firms in country with weak legal protection.
Journal ArticleDOI
Modified Total Interpretive Structural Model of Corporate Financial Flexibility
TL;DR: In this article, the authors identify key enablers of financial flexibility and structure them into a total interpretive structural model using modified TISM approach, using literature review, business environment, cost of capital, stage of life cycle, free cash reserves, agency relations, payout policy, and leverage as seven constituents of corporate financial flexibility.
References
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Journal ArticleDOI
The financial determinants of corporate cash holdings: Evidence from some emerging markets
TL;DR: In this article, the authors investigate the effect of capital structure and dividend policy on cash holdings in developing countries and compare their results with a control sample from the US and the UK.
Journal ArticleDOI
The impact of macroeconomic uncertainty on non-financial firms' demand for liquidity
TL;DR: The authors empirically investigated whether changes in macroeconomic volatility affect the efficient allocation of non-financial firms' liquid assets and found that higher uncertainty will hamper managers' ability to accurately predict firm-specific information and induce them to implement similar cash management policies.
Journal ArticleDOI
Corporate cash holdings: Evidence from Switzerland
TL;DR: In this article, the determinants of cash holdings for a comprehensive sample of Swiss non-financial firms between 1995 and 2004 were investigated, showing that asset tangibility and firm size are both negatively related to corporate cash holdings, and that there is a non-linear relationship between the leverage ratio and liquidity.
Journal ArticleDOI
Determinants of corporate cash holdings: Evidence from spin-offs.
TL;DR: In this paper, the authors study the factors that influence the cash allocation decision around a spin-off, using variables suggested by the trade-off theory, and controlling for the possible endogeneity of leverage and cash ratios.
Journal ArticleDOI
The Determinants of REIT Cash Holdings
TL;DR: In this paper, the authors examined the factors influencing the cash holdings of REITs with the view that the REIT industry should yield new information regarding the drivers of corporate cash policy due to their unique operating conditions.