Understanding the Rise in Corporate Cash: Precautionary Savings or Foreign Taxes
收藏NBER2017-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w23799
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资源简介：
What has driven the dramatic rise in U.S. corporate cash? Using non-public data, we show that the run-up is not uniform across firms but is concentrated in the foreign subsidiaries of multinational firms. Standard precautionary motives explain only domestic cash holdings, not these burgeoning
提供机构：
美国国家经济研究局
创建时间：
2017-09-01
