Optimal Cash Holding Ratio for Non-Financial Firms in Vietnam Stock Exchange Market
The purpose of this research is to investigate whether there is an optimal cash holding ratio, in which firm’s performance can be maximized. The threshold regression model is applied to test the threshold effect of the cash holding ratio on firm’s performance of 306 non-financial...
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2019-06-01
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Series: | Journal of Risk and Financial Management |
Subjects: | |
Online Access: | https://www.mdpi.com/1911-8074/12/2/104 |