WebDec 1, 2015 · In this paper, we focus the review on two key theoretical perspectives on corporate cash holdings: (1) the precautionary motive and (2) the agency motive. The first addresses issues relating to liquidity and the retention of cash for investment purposes and how this is impacted by capital market imperfections. WebAug 28, 2006 · The corporate governance mechanism is an essential factor that affects corporate cash holdings (Harford et al., 2008). For example, Dittmar et al. (2003) find that firms in countries with...
Corporate governance and cash holdings: the way forward
WebApr 1, 2016 · The corporate governance channel may strengthen or weaken the association between CSR and cash holding. First, the corporate government role of CSR implies that CSR is also effective in reducing the agency problems associated with the cash holdings decision; the stronger the corporate governance is, the lower the level of … WebSep 28, 2024 · This study examines the relation between cash holding and the quality of firm-level corporate governance (CG). We use 24 structural indicators of CG relating to ownership, board and boards committees, audit considerations, and leverage characteristics along with a specific set of control variables. how to make perfect slime
CEO Overconfidence and the Speed of Adjustment of Cash …
WebApr 6, 2009 · Agency problems are an important determinant of corporate cash holdings. For a sample of more than 11,000 firms from 45 countries, we find that … WebOct 25, 2024 · Based on the sample of Chinese A-share listed companies from 2006 to 2024, this paper studies the impact of regional investment preference on corporate … WebOct 25, 2024 · Based on the sample of Chinese A-share listed companies from 2006 to 2024, this paper studies the impact of regional investment preference on corporate cash holdings. We find that the stronger the investment preference in the region where the company is located, the higher the level of the company’s cash holdings. After a series … mtf training winkleigh