THE EFFECT OF THE MEXICAN CRISIS ON CORPORATE CASH HOLDINGS
We investigate the determinants of cash holdings of Latin American firms before and during the Mexican crisis of 1994-1995. We find that firms decrease their cash holdings during the crisis controlling for firm size and market value measure. We also find that firms with greater growth opportunities...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
People & Global Business Association (P&GBA)
2008-09-01
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| Series: | Global Business and Finance Review |
| Subjects: | |
| Online Access: | http://www.gbfrjournal.org/pds/journal/thesis/20150622180149-3HWKF.pdf |