The Association between Managerial Ability and Cash Holdings: Evidence from Japan
碩士 === 國立政治大學 === 會計學系 === 106 === Using data of firms listed in the Tokyo Stock Exchange from 2005 to 2017, I investigate the association between managerial ability and cash holdings. The empirical results show that there is a positive relationship between managerial ability and excess cash holding...
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2018
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| Online Access: | http://ndltd.ncl.edu.tw/handle/2x4n6m |
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ndltd-TW-106NCCU53850252019-05-16T00:44:56Z http://ndltd.ncl.edu.tw/handle/2x4n6m The Association between Managerial Ability and Cash Holdings: Evidence from Japan 經理人能力與現金持有的關聯—以日本企業為例 Yang, Yu-Hsuan 楊于萱 碩士 國立政治大學 會計學系 106 Using data of firms listed in the Tokyo Stock Exchange from 2005 to 2017, I investigate the association between managerial ability and cash holdings. The empirical results show that there is a positive relationship between managerial ability and excess cash holdings of Japanese firms. This result suggests that managers with higher abilities tend to hold more excess cash. I also find that managerial abilities are positively associated with excess cash holdings for firms that have positive excess cash, but I do not find significant results for firms that have negative excess cash holdings. Pan, Chien-Min 潘健民 2018 學位論文 ; thesis 67 zh-TW |
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NDLTD |
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zh-TW |
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Others
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NDLTD |
| description |
碩士 === 國立政治大學 === 會計學系 === 106 === Using data of firms listed in the Tokyo Stock Exchange from 2005 to 2017, I investigate the association between managerial ability and cash holdings. The empirical results show that there is a positive relationship between managerial ability and excess cash holdings of Japanese firms. This result suggests that managers with higher abilities tend to hold more excess cash. I also find that managerial abilities are positively associated with excess cash holdings for firms that have positive excess cash, but I do not find significant results for firms that have negative excess cash holdings.
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| author2 |
Pan, Chien-Min |
| author_facet |
Pan, Chien-Min Yang, Yu-Hsuan 楊于萱 |
| author |
Yang, Yu-Hsuan 楊于萱 |
| spellingShingle |
Yang, Yu-Hsuan 楊于萱 The Association between Managerial Ability and Cash Holdings: Evidence from Japan |
| author_sort |
Yang, Yu-Hsuan |
| title |
The Association between Managerial Ability and Cash Holdings: Evidence from Japan |
| title_short |
The Association between Managerial Ability and Cash Holdings: Evidence from Japan |
| title_full |
The Association between Managerial Ability and Cash Holdings: Evidence from Japan |
| title_fullStr |
The Association between Managerial Ability and Cash Holdings: Evidence from Japan |
| title_full_unstemmed |
The Association between Managerial Ability and Cash Holdings: Evidence from Japan |
| title_sort |
association between managerial ability and cash holdings: evidence from japan |
| publishDate |
2018 |
| url |
http://ndltd.ncl.edu.tw/handle/2x4n6m |
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