Uncertainty Volatility, Investment, And Cash Holding In ASEAN Countries
نویسندگان
چکیده
This study aims to show the effect of uncertainty on firms’ corporate investment and cash holding in five ASEAN countries, namely Malaysia, Indonesia, Singapore, Thailand, Vietnam. The was conducted using data from non-financial public listed firms these countries during 2006 2020 period. volatility is measured standard deviation economic policy index. results this find that increases decreases holding. result indicates high condition cause invest reduce information asymmetry by giving signals external investors through investment, as result, it reduces holdings. Moreover, we also more economically significant than Economic Policy Uncertainty self. It possible can better capture real uncertain economy.
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ژورنال
عنوان ژورنال: Jurnal Akuntansi - Fakultas Ekonomi Universitas Tarumanagara
سال: 2022
ISSN: ['2549-8800', '1410-3591']
DOI: https://doi.org/10.24912/ja.v26i2.905