Creditor Rights, Country Governance, and Corporate Cash Holdings
نویسندگان
چکیده
منابع مشابه
Cash Holdings and Corporate Governance –
In this paper, we provide new and complementing international evidence on the relation between cash holdings, corporate governance, and firm value. Our sample consists of a crosssection of 1,875 firms from 46 countries in 2007. We construct eight different measures of firm-level corporate governance based on 64 individual governance attributes provided by Governance Metrics International (GMI)....
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The paper explores the driving forces behind corporate cash holdings by analyzing past literature and extending this research to the behavior of firms after the 2008 recession. I look at the cash to assets and net debt to assets ratios from October 1980 to October 2011 to obtain an understanding of the past and current state of cash holdings. A comprehensive literature review is done on agency ...
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ژورنال
عنوان ژورنال: Journal of International Financial Management & Accounting
سال: 2015
ISSN: 0954-1314
DOI: 10.1111/jifm.12033