Corporate Cash Reserves and Acquisition: Evidence from India
碩士 === 國立成功大學 === 財務金融研究所 === 102 === This paper examines whether cash-rich firms are more likely to engage in acquisitions and value-decreasing acquisitions. I find that cash-rich firms have a higher market-to-book ratio and a lower leverage ratio, implying that they have more investment opportunit...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2014
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| Online Access: | http://ndltd.ncl.edu.tw/handle/6hbj8h |