Construction projects are complex and risky. According to the literature, even profitable construction companies can fail due to poor cash flow. In order to survive in this rapidly changing environment, effective cash flow management is essential. Many unforeseen factors affect a construction project’s cash flow. The objective of the research presented in this paper is to examine the impact of ...

The purpose of this paper is to examine the effects of inflation and operating cycle on cash holding in Tehran Stock Exchange in the period 2010 to 2014.The sample is comprised of 103 companies which are selected by systematic elimination method and total of 515 year-firm collected. In this study for testing the hypothesis is used of linear regression and correlation. To analyse data and test h...

U.S. multinational corporations (MNCs) hold significant amounts of cash abroad. Using a handcollected sample of large U.S. MNCs, we find that the percentage of cash trapped overseas has a significantly negative impact on the market value of a firm’s cash holdings. Such negative effect is more pronounced when firms are subject to higher repatriation tax rate, when firms have higher costs of rais...

Establishing a network of transit routes with satisfactory demand coverage is one of the main goals of transitagencies in moving towards a sustainable urban development. A primary concern in obtaining such anetwork is reducing operational costs. This paper deals with the problem of minimizing construction costsin a grid transportation network while satisfying a certain level o...

This paper presents electronic cash as a catalyst to electronic commerce. Electronic Cash facilitates business transactions not only between customers and merchants, but also between customer to customer transactions. This paper discusses a survey regarding electronic cash that was done in University of Puerto Rico in 2004. This survey analyses what the students think about electronic cash as a...

Cash crop expansion has been a major land use change in tropical and subtropical regions worldwide. Quantifying the determinants of cash crop expansion should provide deeper spatial insights into the dynamics and ecological consequences of cash crop expansion. This paper investigated the process of cash crop expansion in Hangzhou region (China) from 1985 to 2009 using remotely sensed data. The ...

Many firms face a problem of managing cash balances to maximize the availability of cash for investment and to avoid the risk of insolvency. In this paper, we consider a cash management model in which the two types of funds are available when a manager adjusts cash level. We suppose that the rate of utilizing the two funds for the amount of adjustment is constant. Our objective is to minimize t...

In this paper we study algorithms for pricing of financial contracts using a lattice process of interest rates. If the cash-flows generated by the contract depend on the history of the interest rates (path dependent contracts), then the pricing algorithms are typically of exponential complexity. We demonstrate that for some models, there exist polynomial algorithms for path dependent contracts....

Based on unbalanced panel dates of 4060 companies listed from 2003 2007 in Shanghai and Shenzhen Stock Markets, this paper empirically studies the degree of product market competition, the relationship between cash dividends distribution tendency and cash dividends policy. Results show that controlling shareholders have significant motivation to distribute cash dividends, and this kind of incen...