International Business Management

Year: 2015
Volume: 9
Issue: 6
Page No. 1346 - 1351

Industry Structure, Growth Opportunity and the Value of Cash Holding

Authors : Saied Ali Ahmadi and Afsaneh Soroushyar

References

Alimov, A., 2014. Product market competition and the value of corporate cash: Evidence from trade liberalization. J. Corporate Fin., 25: 122-139.
CrossRef  |  Direct Link  |  

Azmat, Q.U.A., 2014. Firm value and optimal cash level: Evidence from Pakistan. Int. J. Emerg. Markets, 9: 488-504.
CrossRef  |  Direct Link  |  

Baum, C.F., M.O. Caglayan, N. Ozkan and O. Talavera, 2004. The impact of macroeconomic uncertainty on cash holdings for non-financial firms. ZEW-Centre for European Economic Research, Discussion Paper No. 04-010. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=555952.

Chan, H.W.H., Y. Lu and H.F. Zhang, 2013. The effect of financial constraints, investment policy, product market competition and corporate governance on the value of cash holdings. Account. Fin., 53: 339-366.
CrossRef  |  Direct Link  |  

Fresard, L., 2010. Financial strength and product market behavior: The real effects of corporate cash holdings. J. Fin., 65: 1097-1122.
CrossRef  |  

Hao, S., Q. Jin and G. Zhang, 2011. Relative firm profitability and stock return sensitivity to industry-level news. Account. Rev., 86: 1321-1347.
CrossRef  |  Direct Link  |  

Harford. J., A. Kecskes and S. Mansi, 2012. Investor horizons and corporate cash holdings. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2000226.

Lee, E. and R. Powell, 2011. Excess cash holdings and shareholder value. Account. Fin., 51: 549-574.

Morellec, E., B. Nikolov and F. Zucchi, 2014. Competition, cash holdings and financing decisions. Swiss Finance Institute Research Paper No. 13-72.

Oler, D. and M. Picconi, 2010. Implications of insufficient and excess cash for future performance. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1222742.

Opler, T., L. Pinkowitz, R. Stulz and R. Williamson, 1999. The determinants and implications of corporate cash holdings. J. Financial Eco., 52: 3-46.
CrossRef  |  Direct Link  |  

Pinkowitz, L. and R. Williamson, 2002. What is a dollar worth? The market value of cash holdings. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=355840.

Saddour, K., 2006. The determinants and the value of cash holdings: Evidence. Ph.D. Thesis, Dauphine University, Paris.

Shah, A., 2011. The corporate cash holdings: Determinants and implications. Afr. J. Bus. Manage., 5: 12939-12950.
Direct Link  |  

Sharifi, S., R.B. Hassanzadeh and Y.B. Nahandim, 2013. Investigation of the excess cash holding on value of firms. Eur. Online J. Natural Soc. Sci., 2: 565-571.
Direct Link  |  

Design and power by Medwell Web Development Team. © Medwell Publishing 2024 All Rights Reserved