The Determinants of Corporate Cash Holdings: Evidence from Japan
In this paper, we examine the determinants of cash holdings using dataset of Japanese firms by using a panel of 1441 firms from 2004 through 2013. Our analysis reveals that firms with higher cash holdings are smaller in size, with lower capital expenditure and hold less net working capital. In addit...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2014
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| Online Access: | http://eprints.nottingham.ac.uk/27367/ http://eprints.nottingham.ac.uk/27367/1/Dissertation_for_MSc_Finance_and_Investment_HM.pdf |