The Impact of Financial Constraint on Cash Holdings Behaviour and the Value of Cash Holdings and Investment: Evidence from Chinese Listed Firms
Cash and cash equivalent are the significant item for enterprises which can satisfy the enterprise operation and investment demand. Holding cash can create profit for companies which is a way to reflect the firms’ value. Moreover, firms’ cash holdings are strongly impacted by financial constraint. I...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
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2019
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| Online Access: | https://eprints.nottingham.ac.uk/58087/ |