Nowadays, business groups play an outstanding role in financial markets. Corporates in the trading groups are able to use technology, capital, human resources, productions and services of other members in the group in addition to their own resources and capabilities. Thus, this paper studies the effect of business group affiliation on cash holdings and return on equity. The sample involves 94 c...

This paper investigates the relationship between excess cash holdings, product market competition and corporate innovation by using an empirical research method with a sample of A-share manufacturing companies listed in Shanghai Shenzhen China from 2011 to 2021. The study finds that: companies’ holdings have positive impact on innovation; positively regulates innovation, more intense is, signif...

This study examines the relationship between cash holdings and dividend payout on corporate value. The moderating effect of institutional investors distribution value is also investigated in this study. applied non-financial companies listed Indonesia Stock Exchange 2015 2019 a total 1269 observations. data were analyzed using ordinary least squares method. According to findings study, have pos...

We investigate how corporate sustainability (Environmental, Social, and Governance-ESG) influences cash holdings of non-financial firms in Muslim countries from 2003 to 2021. Using panel models, we find that with lower ESG hold more over the entire period, which aligns agency precautionary motives holdings. also note negative relation between holding is not affected by COVID-19 pandemic. Lookin...