The impact of cash holding on stock returns during a crisis： evidence from Chinese firms in COVID-19

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The impact of cash holding on stock returns during a crisis： evidence from Chinese firms in COVID-19

This paper uses an event study approach and data from the SSE A-share Main Board and SZSE A-share to explore whether cash holdings could mitigate the negative influence of COVID-19 on share prices. In this paper, the outbreak was found to have a negative effect on the share price. Within the event w...

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Bibliographic Details
Main Author:	CHEN, LEYAN
Format:	Dissertation (University of Nottingham only)
Language:	English
Published:	2022
Subjects:	COVID-19 cash holding market reaction trade-off theory firm’s value
Online Access:	https://eprints.nottingham.ac.uk/70069/

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