Why Do U.S. Firms Hold So Much More Cash Than They Used To?
收藏NBER2006-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12534
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The average cash to assets ratio for U.S. industrial firms increases by 129% from 1980 to 2004. Because of this increase in the average cash ratio, American firms at the end of the sample period can pay back their debt obligations with their cash holdings, so that the average firm has no leverage
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美国国家经济研究局创建时间：
2006-09-01
