Using Chinese listed companies as the research setting, this study investigates impact of climate risk on corporate precautionary cash holdings and further explores possible underlying channels. We first apply text mining technique to construct indicator. The regression results then show that has a significant positive holdings. Such relationship is stronger for firms with small size those loca...

Penelitian ini bertujuan untuk mengetahui sejauh mana Credit Rating mempengaruhi Cash Holding perusahaan. Perusahaan menjadi relatif sensitif terhadap perubahan peringkat, maka akan meningkatkan kepemilikan kas mereka, baik peluang, atau menghindari penurunan peringkat perusahaan di indonesia. Metode penelitian yang digunakan kuantitatif. Jumlah sampel dalam adalah 203 non keuangan terdaftar Bu...

This paper investigates whether gender diversity in the boardroom is associated with corporate cash holdings and investor protection moderates effect of board on holdings. Using 20,750 firm-year observations from 33 countries, our analyses show that firms high levels exhibit low Furthermore, countries have Moreover, negative association between weaker high-level than low-level countries. Our re...

This study investigates empirically the value investors place in excess cash holdingand how managerial ability impact on the value of cash holding for Iranianfirms from 2006 to 2014. In this research, managerial ability calculated by usingthe data envelopment analysis (DEA). Following the approach of Faulkender andWang, we find that the relation between managerial ability and value of cash hold...