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Why do firms save cash from cash flows? Evidence from firm-level estimation of cash-cash flow sensitivities
16 references·3 citing·33 second hop
Why do firms save cash from cash flows? Evidence from firm-level estimation of cash-cash flow sensitivities (2013)Why do firms save cash from cash flows? E…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 firm cash holdings in the US (2007)Corporate governance and firm…Financial Constraints Risk (2006)Financial Constraints RiskCorporate governance and the value of cash holdings (2006)Corporate governance and the …Corporate Financial Policy and the Value of Cash (2006)Corporate Financial Policy an…The Cash Flow Sensitivity of Cash (2004)The Cash Flow Sensitivity of …Investor Protection and Corporate Valuation (2002)Investor Protection and Corpo…The determinants and implications of corporate cash holdings (1999)The determinants and implicat…NUMBER OF DIRECTORS AND FINANCIAL PERFORMANCE: A META-ANALYSIS. (1999)NUMBER OF DIRECTORS AND FINAN…GMM estimation with persistent panel data: an application to production functions (1999)GMM estimation with persisten…Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Do Investment-Cash Flow Sensi…Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Some Tests of Specification f…Management entrenchment (1989)Management entrenchmentFinancing Constraints and Corporate Investment (1988)Financing Constraints and Cor…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…The Transactions Demand for Cash: An Inventory Theoretic Approach (1952)The Transactions Demand for C…Stock liquidity, cash flow sensitivity and the value of cash (2023)Stock liquidity, cash flow se…Earnings quality, institutional investors and corporate cash holdings: evidence from India (2023)Earnings quality, institution…Investment–cash flow sensitivity measures investment thirst, but not financial constraint (2015)Investment–cash flow sensitiv…Specification Tests in Econometrics (1978)Another look at the instrumental variable estimation of error-components models (1995)Initial conditions and moment restrictions in dynamic panel data models (1998)Econometric Analysis of Cross Section and Panel Data (2001)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Managing with Style: The Effect of Managers on Firm Policies (2003)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Agency costs of free cash flow, corporate finance, and takeovers (1996)Corporate Governance and Equity Prices (2003)Costly external finance, corporate investment, and the subprime mortgage credit crisis (2010)Product Market Threats, Payouts, and Financial Flexibility (2012)Feverish Stock Price Reactions to COVID-19* (2020)Common risk factors in the returns on stocks and bonds (1993)… and the Cross-Section of Expected Returns (2015)Policy Uncertainty and Corporate Investment (2015)Demand for green finance: Resolving financing constraints on green innovation in China (2021)A Survey of Corporate Governance (1997)Law and Finance (1998)Disentangling the Incentive and Entrenchment Effects of Large Shareholdings (2002)The ultimate ownership of Western European corporations (2002)Law, finance, and economic growth in China (2005)The General Theory of Employment, Interest and Money. (1936)The theory and practice of corporate finance: evidence from the field (2001)Corporate social responsibility and access to finance (2013)Risk, Return, and Equilibrium: Empirical Tests (1973)Dynamic Econometrics (1995)Inflation and Welfare (2000)The Cointegrated VAR Model: Methodology and Applications (2006)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)
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References

  • 1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations33,089 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1997Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?6,790 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 2002Investor Protection and Corporate Valuation4,055 cited
  • 1999The determinants and implications of corporate cash holdings3,910 cited
  • 2006Financial Constraints Risk3,702 cited
  • 2004The Cash Flow Sensitivity of Cash3,523 cited
  • 2009Why Do U.S. Firms Hold So Much More Cash than They Used To?2,896 cited
  • 1952The Transactions Demand for Cash: An Inventory Theoretic Approach2,353 cited
  • 1989Management entrenchment2,155 cited
  • 2006Corporate governance and the value of cash holdings2,135 cited
  • 1999NUMBER OF DIRECTORS AND FINANCIAL PERFORMANCE: A META-ANALYSIS.1,768 cited
  • 2007Corporate governance and firm cash holdings in the US1,730 cited
  • 1999GMM estimation with persistent panel data: an application to production functions1,683 cited

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  • 2006Corporate Financial Policy and the Value of Cash1,642 cited
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    • 2023Earnings quality, institutional investors and corporate cash holdings: evidence from India13 cited
    • 2023Stock liquidity, cash flow sensitivity and the value of cash12 cited
    • 2015Investment–cash flow sensitivity measures investment thirst, but not financial constraint12 cited