Corporate social responsibility and corporate cash holdings
We identify three channels and the corresponding mechanisms through which corporate social responsibility (CSR) may affect corporate cash holdings. CSR firms are expected to have relatively low cash holdings because they tend to have low idiosyncratic risk due to their higher social capital with sta...
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| Format: | Journal Article |
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Elsevier B.V.
2016
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| Online Access: | http://hdl.handle.net/20.500.11937/16742 |