Determinants of corporate cash holdings for the UK companies
This dissertation investigates the determinants of public quoted and public A.I.M UK companies’ cash holdings during the sample period 2008 to 2016. The regression results have suggested that the most influential factors for corporate cash holdings are respectively leverage, liquidity, and the inves...
| Main Author: | |
|---|---|
| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2017
|
| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/45037/ |
| _version_ | 1848797054051024896 |
|---|---|
| author | XIE, Yige |
| author_facet | XIE, Yige |
| author_sort | XIE, Yige |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | This dissertation investigates the determinants of public quoted and public A.I.M UK companies’ cash holdings during the sample period 2008 to 2016. The regression results have suggested that the most influential factors for corporate cash holdings are respectively leverage, liquidity, and the investment & growth opportunities. We found that all of these three determinants have substantial positive impacts on the reserve of corporate cash & equivalents. Moreover, the data analyses have also suggested that larger corporations tend to hold less cash and liquid assets than the small & medium sized companies. In addition, qualitative factors are likely to have influences on the corporate cash holdings as well, yet measurement and collection for such variables can be rather difficult and time consuming. |
| first_indexed | 2025-11-14T19:57:46Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-45037 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T19:57:46Z |
| publishDate | 2017 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-450372018-04-17T15:24:25Z https://eprints.nottingham.ac.uk/45037/ Determinants of corporate cash holdings for the UK companies XIE, Yige This dissertation investigates the determinants of public quoted and public A.I.M UK companies’ cash holdings during the sample period 2008 to 2016. The regression results have suggested that the most influential factors for corporate cash holdings are respectively leverage, liquidity, and the investment & growth opportunities. We found that all of these three determinants have substantial positive impacts on the reserve of corporate cash & equivalents. Moreover, the data analyses have also suggested that larger corporations tend to hold less cash and liquid assets than the small & medium sized companies. In addition, qualitative factors are likely to have influences on the corporate cash holdings as well, yet measurement and collection for such variables can be rather difficult and time consuming. 2017-08 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/45037/1/Dissertation%20Yige%20XIE%204270110%20%28revised%29.pdf XIE, Yige (2017) Determinants of corporate cash holdings for the UK companies. [Dissertation (University of Nottingham only)] Cash holdings UK companies |
| spellingShingle | Cash holdings UK companies XIE, Yige Determinants of corporate cash holdings for the UK companies |
| title | Determinants of corporate cash holdings for the UK companies |
| title_full | Determinants of corporate cash holdings for the UK companies |
| title_fullStr | Determinants of corporate cash holdings for the UK companies |
| title_full_unstemmed | Determinants of corporate cash holdings for the UK companies |
| title_short | Determinants of corporate cash holdings for the UK companies |
| title_sort | determinants of corporate cash holdings for the uk companies |
| topic | Cash holdings UK companies |
| url | https://eprints.nottingham.ac.uk/45037/ |