We document a positive relation between firm-specific investor sentiment (FSIS) and the value of cash. also show that FSIS has stronger effect on cash than other types assets, suggesting our finding is not simple reflection firm-level overvaluation. Our robust to alternative measures change in cash, different regimes, measured by order imbalance, news tone earnings conference call transcripts c...

There are two schools of thought regarding cash policy, where one sect finds policy is insignificant in today’s perfect capital market condition and the other feel corporate key determinant company growth success. Corporates constantly balance maintaining reserves to cushion against future contingencies. Shortage liquid assets may affect operation firm. Cash management any firm bounded by preca...

Liquidity and Capital Structure* This paper solves for a firm's optimal cash holding policy within a continuous time, contingent claims framework that has been extended to incorporate most of the significant contracting frictions that have been identified in the corporate finance literature. Under the optimal policy the firm targets a level of cash holding that is a non-monotonic function of bu...

This study examined the influence of corporate governance on company cash holding by explaining relationship between board size, independence, gender and using a sample 87 non-financial companies including industrial service that listed Amman Stock Exchange from 2018 to 2020. By random-effect generalized least square (GLS) regression model. The findings indicate size negatively influences holdi...