Essays on cash holdings of corporations and mutual funds
In this thesis, I study the relationship between excess cash holdings of corporations and mutual funds and future performance of these entities. In the first chapter, I document a positive relationship between corporate excess cash holdings and future stock returns. The difference in returns of por...
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| Language: | English |
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University of British Columbia
2010
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| Online Access: | http://hdl.handle.net/2429/27213 |