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Impact of economic policy uncertainty on cash holdings: firm-level evidence from an emerging market
16 references·16 citing·35 second hopsampled
Impact of economic policy uncertainty on cash holdings: firm-level evidence from an emerging market (2019)Impact of economic policy uncertainty on …Measuring Economic Policy Uncertainty* (2016)Measuring Economic Policy Unc…New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)New Evidence on Measuring Fin…Financial Constraints Risk (2006)Financial Constraints RiskLaw, finance, and economic growth in China (2005)Law, finance, and economic gr…The Cash Flow Sensitivity of Cash (2004)The Cash Flow Sensitivity of …Corporate Governance and Equity Prices (2003)Corporate Governance and Equi…Disentangling the Incentive and Entrenchment Effects of Large Shareholdings (2002)Disentangling the Incentive a…The determinants and implications of corporate cash holdings (1999)The determinants and implicat…Law and Finance (1998)Law and FinanceDo Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Do Investment-Cash Flow Sensi…A Survey of Corporate Governance (1997)A Survey of Corporate Governa…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Financial Intermediation and Delegated Monitoring (1984)Financial Intermediation and …Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Determinants of corporate borrowing (1977)Determinants of corporate bor…The General Theory of Employment, Interest and Money. (1936)The General Theory of Employm…Resilient reserves: Climate adaptive pilot cities policy and firms’ cash holdings (2025)Resilient reserves: Climate a…New blood brings change: Exploring the link between rookie independent directors and corporate cash holdings (2024)New blood brings change: Expl…Geopolitical risk and cash holdings: evidence from an emerging economy (2024)Geopolitical risk and cash ho…The nexus between economic policy uncertainty and access to finance: a study of developing countries (2023)The nexus between economic po…The impact of geopolitical risk on cash holdings policy: evidence from an emerging market (2023)The impact of geopolitical ri…Energy consumption within policy uncertainty: Considering the climate and economic factors (2023)Energy consumption within pol…Economic policy uncertainty, geopolitical risk and cash holdings: evidence from Saudi Arabia (2023)Economic policy uncertainty, …Economic policy uncertainty and corporate leverage - does cash holdings matter? Evidence from the U.S. (2023)Economic policy uncertainty a…The Effect of Economic Policy Uncertainty on Green Technology Innovation: Evidence from China’s Enterprises (2022)The Effect of Economic Policy…Economic policy uncertainty and shareholder wealth: the role of marketing, operations, and R&D capabilities (2022)Economic policy uncertainty a…Economic policy uncertainty and corporate investment: Does quality of governance matter? (2022)Economic policy uncertainty a…Economic policy uncertainty and financing structure: A new panel data evidence from selected Asian economies (2021)Economic policy uncertainty a…Direct and Mediated Associations Among Ownership Structure, Cash Holdings and Firm Value: The Case of Jordanian Insurance Firms (2021)Direct and Mediated Associati…The nexus between policy uncertainty, sustainability disclosure and firm performance (2020)The nexus between policy unce…How does economic policy uncertainty affect corporate diversification? (2020)How does economic policy unce…Corporate cash holdings in emerging markets (2020)Corporate cash holdings in em…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)The Capital Structure Puzzle (1984)The arbitrage theory of capital asset pricing (1976)Moral Hazard and Observability (1979)Bank Runs, Deposit Insurance, and Liquidity (1983)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Intermediation, Loanable Funds, and The Real Sector (1997)The Nature of the Firm (1937)Separation of Ownership and Control (1983)Corporate Ownership Around the World (1999)Investor protection and corporate governance (2000)Legal Determinants of External Finance (1997)The Colonial Origins of Comparative Development: An Empirical Investigation (2001)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The Role of Monetary Policy (1995)The Impact of Uncertainty Shocks (2009)Measuring Uncertainty (2015)COVID-19 pandemic, oil prices, stock market, geopolitical risk and policy uncertainty nexus in the US economy: Fresh evidence from the wavelet-based approach (2020)The Unprecedented Stock Market Reaction to COVID-19 (2020)Measuring Geopolitical Risk (2022)Risk, Return, and Equilibrium: Empirical Tests (1973)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)How do family ownership, control and management affect firm value? (2005)How does financial reporting quality relate to investment efficiency? (2009)The Impact of Corporate Sustainability on Organizational Processes and Performance (2014)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Managing with Style: The Effect of Managers on Firm Policies (2003)Political Parties and Macroeconomic Policy (1977)Dividend yields and expected stock returns (1988)Modelling Asymmetric Cointegration and Dynamic Multipliers in a Nonlinear ARDL Framework (2014)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)
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References

  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1998Law and Finance17,902 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1997A Survey of Corporate Governance16,237 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1936The General Theory of Employment, Interest and Money.12,562 cited
  • 2016Measuring Economic Policy Uncertainty*12,311 cited
  • 1984Financial Intermediation and Delegated Monitoring8,393 cited
  • 1997Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?6,790 cited
  • 2003Corporate Governance and Equity Prices6,115 cited
  • 2010New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index5,574 cited
  • 2005Law, finance, and economic growth in China4,481 cited
  • 1999The determinants and implications of corporate cash holdings3,910 cited
  • 2002Disentangling the Incentive and Entrenchment Effects of Large Shareholdings3,845 cited
  • 2006Financial Constraints Risk3,702 cited
  • 2004

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The Cash Flow Sensitivity of Cash
3,523 cited

Cited by

  • 2023Energy consumption within policy uncertainty: Considering the climate and economic factors149 cited
  • 2020The nexus between policy uncertainty, sustainability disclosure and firm performance112 cited
  • 2020How does economic policy uncertainty affect corporate diversification?69 cited
  • 2020Corporate cash holdings in emerging markets58 cited
  • 2021Economic policy uncertainty and financing structure: A new panel data evidence from selected Asian economies56 cited
  • 2022Economic policy uncertainty and corporate investment: Does quality of governance matter?32 cited
  • 2021Direct and Mediated Associations Among Ownership Structure, Cash Holdings and Firm Value: The Case of Jordanian Insurance Firms29 cited
  • 2022Economic policy uncertainty and shareholder wealth: the role of marketing, operations, and R&D capabilities28 cited
  • 2024New blood brings change: Exploring the link between rookie independent directors and corporate cash holdings23 cited
  • 2023The nexus between economic policy uncertainty and access to finance: a study of developing countries22 cited
  • 2022The Effect of Economic Policy Uncertainty on Green Technology Innovation: Evidence from China’s Enterprises20 cited
  • 2024Geopolitical risk and cash holdings: evidence from an emerging economy20 cited
  • 2023Economic policy uncertainty, geopolitical risk and cash holdings: evidence from Saudi Arabia18 cited
  • 2023The impact of geopolitical risk on cash holdings policy: evidence from an emerging market17 cited
  • 2025Resilient reserves: Climate adaptive pilot cities policy and firms’ cash holdings15 cited
  • 2023Economic policy uncertainty and corporate leverage - does cash holdings matter? Evidence from the U.S.14 cited