COMPUSTAT data on 12,000 firms for the years 1956–1992 indicate that large firms hold less cash as a percentage of sales than do small ones. Whether comparisons are made within or across industries, the elasticity of cash balances with respect to sales is about 0.75. Firms headquartered in counties with high wages hold more money for a given level of sales, a finding consistent with the idea th...

An examination of survey responses about Individual Retirement Account (IRA) holdings reveals that individuals often take all-or-nothing approaches in their decisions to diversify across the asset categories of cash, bonds, and equity. Two thirds of survey respondents put their entire IRA holdings into a single asset category. A surprisingly large proportion of funds is held in cash, while only...

Abstract This study examines whether and how Sharia compliance national governance affect the value of corporate cash holding (cash) in Organization Islamic Cooperation (OIC) countries. Study results indicate that can enhance firm such is higher for Sharia-compliant firms than non-compliant firms. In addition, particularly valuable when strong. Furthermore, positive effect on more pronounced Re...

Taking manufacturing companies of listed from 2015 to 2019 as samples, a fixed effect model is constructed explore the mechanism management’s shareholding and corporate cash holding behavior. The results show that significantly improves value reduces level. Financing constraint negatively moderates influence From perspective life cycle, it found that: for growing, mature, recession companies, m...

This study aims to determine whether the effect of Cash flow , Net working capital, Dividend payout ratio, Leverage, and Growth opportunity on holdings type research is quantitative by using secondary data annual financial statements. The population in amounted 47 enterprises. Sampling purposive sampling technique. Data analysis this uses analysis. object a mining company listed Indonesia Stock...

Penelitian ini merujuk kepada permasalahan terkait dengan praktek perataan laba yang dipengaruhi berbagai faktor. Dalam hal menarik peneliti melakukan penelitian kembali laba. bertujuan untuk mengetahui apakah terdapat hubungan antara variabel cash holding, komisaris independen, kualitas audit dan nilai perusahaan terhadap Adapun metode analisis digunakan adalah logistik teknik purposive sampli...

The level of cash held by listed companies has raised academic interest. In particular, many studies have been conducted to understand the reason why hold so much cash. Previous on determinants holdings focused firm-specific characteristics. More recently, researchers found that stock liquidity played an important role in explaining holding behaviour. This study examines effect among Malaysia. ...