Determinants of a firm’s cash holdings have been popular topic research in finance, especially after the rapid surge for U.S. firms since 1980s. The wide array has focused primarily on firm-specific factors to explain cross-sectional variations but found insufficient explanatory power holdings. We incorporate variables macroeconomic conditions and uncertainty with variables. Using 19,223 213,66...

The level of cash held by listed companies has raised academic interest. In particular, many studies have been conducted to understand the reason why hold so much cash. Previous on determinants holdings focused firm-specific characteristics. More recently, researchers found that stock liquidity played an important role in explaining holding behaviour. This study examines effect among Malaysia. ...

This paper uses the second-generation antitakeover legislation as a natural experiment to understand corporate governance in‡uence on managerial decisions, speci…cally by examining in‡uences on …rms’liquidity choices between cash and loan commitments. These choices di¤er primarily in the allocation of ex-post control rights of …rms’liquidity reserves, which may lead to disagreement among stakeh...

The purpose of this paper is to identify the determinants and indicate their impact on company’s cash holdings in wholesale industry ten Balkan countries. Effective management key any healthy smooth business operation, so comprehending analyzing relationship between internal vital. sample used for work included 106 companies, whose operations were studied over a four-year period (2014–2017), us...