The determinants of corporate cash holdings: An empirical investigation of the industry effect of UK publicly held firms (1998-2013)

Abstract This paper investigates the determinants of cash holdings by publicly traded firms over the period 1998-2013. The results suggest that cash holdings are positively affected by investment opportunity set, capital expenditure and profitability and negatively affected by the real firm size, l...

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Bibliographic Details
Main Author: WANG, ZIWEN
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2015
Online Access:https://eprints.nottingham.ac.uk/30158/