Cash Flow Volatility and Corporate Investment

Cash Flow Volatility and Corporate Investment

I examine the effect of cash holdings on the relationship between cash flow volatility and corporate investment. My results call into question the long-assumed negative association between cash flow volatility and corporate investment. Using an expanded dataset of U.S. domestic firms, I show that...

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Bibliographic Details
Main Author: Cohen, Shira
Language:English
Published: 2014
Subjects:
Investments
Cash management
Cash flow
Accounting
Online Access:https://doi.org/10.7916/D8GF0RPX

Internet

https://doi.org/10.7916/D8GF0RPX

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