Firm Characteristics and the Value of Cash Holdings
碩士 === 國立臺灣大學 === 國際企業學研究所 === 104 === I examine the marginal value of cash for shareholders and firm characteristics that affect the value. I begin by showing the benefits and costs of cash holdings, and derive a set of intuitive hypotheses to test empirically. By examining the variation in excess...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2016
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| Online Access: | http://ndltd.ncl.edu.tw/handle/72964101855963954346 |