Over-Investment, the Marginal Value of Cash Holdings and Corporate Governance
This study examines the relationship between marginal value of cash holdings and overinvestment as well as corporate governance of firms in the capital market (i.e. Tehran Stock Exchange). The aim of this paper is to evaluate whether cash holdings have different value creation potential for firms wi...
| Main Authors: | , , |
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| Format: | Article |
| Language: | fas |
| Published: |
University of Tehran
2017-07-01
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| Series: | بررسیهای حسابداری و حسابرسی |
| Subjects: | |
| Online Access: | https://acctgrev.ut.ac.ir/article_63198_62efeee1186810e9d8ea3f0aeb990d0d.pdf |