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...

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Bibliographic Details
Main Authors: Ya-yun Cheng, 鄭雅云
Other Authors: Chin-Chen Chien
Format: Others
Language:en_US
Published: 2009
Online Access:http://ndltd.ncl.edu.tw/handle/19270072230181812666