Financial Analyst and the Value of Cash Holdings
博士 === 國立成功大學 === 會計學系碩博士班 === 97 === In this paper, we examine investors’ valuations of corporate cash holdings to explicitly isolate the monitoring effect from the information effect of financial analysts. Using a sample of 14,884 firm-years spanning the period 1999-2007, we find that the value of...
Main Authors: | , |
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Other Authors: | |
Format: | Others |
Language: | en_US |
Published: |
2009
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Online Access: | http://ndltd.ncl.edu.tw/handle/19270072230181812666 |