Determinants of corporate cash holdings in tranquil and turbulent period: evidence from an emerging economy
Abstract Using a sample of 280 firms listed on the Pakistan Stock Exchange, we empirically investigate factors that determine corporate cash holdings in different periods from 2005 to 2014. We divide the sample into three sub-periods—pre-crisis, crisis, and post-crisis—and apply a panel data model t...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
Published: |
SpringerOpen
2019-01-01
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Series: | Financial Innovation |
Subjects: | |
Online Access: | http://link.springer.com/article/10.1186/s40854-018-0116-y |