The Determinants and Implications of Corporate Cash Holdings
收藏NBER1997-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w6234
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资源简介：
We examine the determinants and implications of holdings of cash and marketable" securities by publicly traded U.S. firms in the 1971-1994 period. Firms with strong growth" opportunities and riskier cash flows hold relatively high ratios of cash to total assets. Firms" that have the greatest access
提供机构：
美国国家经济研究局
创建时间：
1997-10-01
