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Determinants of Corporate Cash Policy: Insights from Private Firms
16 references·16 citing·36 second hopsampled
Determinants of Corporate Cash Policy: Insights from Private Firms (2012)Determinants of Corporate Cash Policy: In…Why Do U.S. Firms Hold So Much More Cash than They Used To? (2009)Why Do U.S. Firms Hold So Muc…Corporate governance and the value of cash holdings (2006)Corporate governance and the …Enjoying the Quiet Life? Corporate Governance and Managerial Preferences (2003)Enjoying the Quiet Life? Corp…The determinants and implications of corporate cash holdings (1999)The determinants and implicat…Corporate Cash Reserves and Acquisitions (1999)Corporate Cash Reserves and A…The Influence of Institutional Investors on Myopic R&D Investment Behavior (1998)The Influence of Institutiona…Industry costs of equity (1997)Industry costs of equityAgency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…Managerial discretion and optimal financing policies (1990)Managerial discretion and opt…Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior (1989)Efficient Capital Markets, In…Management ownership and market valuation (1988)Management ownership and mark…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Two Agency-Cost Explanations of Dividends (1984)Two Agency-Cost Explanations …Limited-dependent and qualitative variables in econometrics (1983)Limited-dependent and qualita…The Transactions Demand for Cash: An Inventory Theoretic Approach (1952)The Transactions Demand for C…The General Theory of Employment, Interest and Money. (1936)The General Theory of Employm…Climate change and corporate cash holdings: Global evidence (2023)Climate change and corporate …Internal controls, risk management, and cash holdings (2020)Internal controls, risk manag…Feverish Stock Price Reactions to COVID-19 (2020)Feverish Stock Price Reaction…COVID-19 Pandemic and Firm-level Cash Holding—Moderating Effect of Goodwill and Goodwill Impairment (2020)COVID-19 Pandemic and Firm-le…CEO overconfidence and corporate cash holdings (2020)CEO overconfidence and corpor…Corporate Governance and Pollution Externalities of Public and Private Firms (2019)Corporate Governance and Poll…Organization Capital and Mergers and Acquisitions (2018)Organization Capital and Merg…Innovation Strategy of Private Firms (2017)Innovation Strategy of Privat…Looking in the Rearview Mirror: The Effect of Managers' Professional Experience on Corporate Financial Policy (2015)Looking in the Rearview Mirro…Family control and corporate cash holdings: Evidence from China (2015)Family control and corporate …CSR Performance and the Value of Cash Holdings: International Evidence (2015)CSR Performance and the Value…Corporate cash holdings: Causes and consequences (2015)Corporate cash holdings: Caus…National culture and corporate cash holdings around the world (2014)National culture and corporat…Corporate Liquidity Management: A Conceptual Framework and Survey (2014)Corporate Liquidity Managemen…Why Has the Value of Cash Increased Over Time? (2011)Why Has the Value of Cash Inc…Why Do Firms Use Private Equity to Opt Out of Public Markets? (2010)Why Do Firms Use Private Equi…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Agency Problems and the Theory of the Firm (1980)Separation of Ownership and Control (1983)Law and Finance (1998)Corporate Ownership Around the World (1999)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Multifactor Explanations of Asset Pricing Anomalies (1996)Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks (1997)Conditional Skewness in Asset Pricing Tests (2000)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Firms, Contracts, and Financial Structure (1995)Tobin's q, Corporate Diversification, and Firm Performance (1994)Diversification's effect on firm value (1995)A Survey of Corporate Governance (1997)CEO Overconfidence and Corporate Investment (2005)What Matters in Corporate Governance? (2008)Does the stock market fully value intangibles? Employee satisfaction and equity prices (2011)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Efficient Capital Markets: II (1991)GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)Corporate performance and managerial remuneration (1985)What Do We Know about Capital Structure? Some Evidence from International Data (1995)Risk, Return, and Equilibrium: Empirical Tests (1973)The theory and practice of corporate finance: evidence from the field (2001)The Cash Flow Sensitivity of Cash (2004)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Econometric Analysis of Cross Section and Panel Data (2001)Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages (2004)Introductory Econometrics for Finance (2008)Does the Stock Market Overreact? (1985)Introduction: epistemic communities and international policy coordination (1992)Postwar U.S. Business Cycles: An Empirical Investigation (1997)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)
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References

  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1936The General Theory of Employment, Interest and Money.14,486 cited
  • 1983Limited-dependent and qualitative variables in econometrics13,257 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 1988Management ownership and market valuation6,910 cited
  • 1997Industry costs of equity5,793 cited
  • 1999The determinants and implications of corporate cash holdings3,910 cited
  • 2003Enjoying the Quiet Life? Corporate Governance and Managerial Preferences3,773 cited
  • 1990Managerial discretion and optimal financing policies3,679 cited
  • 1984Two Agency-Cost Explanations of Dividends3,109 cited
  • 1998The Influence of Institutional Investors on Myopic R&D Investment Behavior3,013 cited
  • 2009Why Do U.S. Firms Hold So Much More Cash than They Used To?2,896 cited
  • 1989Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior2,585 cited
  • 1952The Transactions Demand for Cash: An Inventory Theoretic Approach2,353 cited
  • 2006Corporate governance and the value of cash holdings2,135 cited

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  • 1999Corporate Cash Reserves and Acquisitions2,066 cited
  • Cited by

    • 2014National culture and corporate cash holdings around the world354 cited
    • 2019Corporate Governance and Pollution Externalities of Public and Private Firms343 cited
    • 2015Looking in the Rearview Mirror: The Effect of Managers' Professional Experience on Corporate Financial Policy258 cited
    • 2017Innovation Strategy of Private Firms254 cited
    • 2010Why Do Firms Use Private Equity to Opt Out of Public Markets?247 cited
    • 2020Internal controls, risk management, and cash holdings233 cited
    • 2014Corporate Liquidity Management: A Conceptual Framework and Survey213 cited
    • 2018Organization Capital and Mergers and Acquisitions204 cited
    • 2015Corporate cash holdings: Causes and consequences194 cited
    • 2020CEO overconfidence and corporate cash holdings194 cited
    • 2011Why Has the Value of Cash Increased Over Time?190 cited
    • 2015Family control and corporate cash holdings: Evidence from China183 cited
    • 2015CSR Performance and the Value of Cash Holdings: International Evidence180 cited
    • 2023Climate change and corporate cash holdings: Global evidence171 cited
    • 2020Feverish Stock Price Reactions to COVID-19165 cited
    • 2020COVID-19 Pandemic and Firm-level Cash Holding—Moderating Effect of Goodwill and Goodwill Impairment158 cited