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Are Excess Cash Holdings More Valuable to Firms in Times of Crisis? Financial Constraints and Governance Matters
16 references·16 citing·29 second hopsampled
Are Excess Cash Holdings More Valuable to Firms in Times of Crisis? Financial Constraints and Governance Matters (2014)Are Excess Cash Holdings More Valuable to…New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)New Evidence on Measuring Fin…Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)Deciphering the Liquidity and…Bank lending during the financial crisis of 2008 (2009)Bank lending during the finan…What Matters in Corporate Governance? (2008)What Matters in Corporate Gov…Financial Constraints Risk (2006)Financial Constraints RiskThe Cash Flow Sensitivity of Cash (2004)The Cash Flow Sensitivity of …Understanding the determinants of managerial ownership and the link between ownership and performance (1999)Understanding the determinant…The determinants and implications of corporate cash holdings (1999)The determinants and implicat…Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Do Investment-Cash Flow Sensi…Common risk factors in the returns on stocks and bonds (1993)Common risk factors in the re…Financing Constraints and Corporate Investment (1988)Financing Constraints and Cor…Financing Constraints and Corporate Investment (1987)Financing Constraints and Cor…Large Shareholders and Corporate Control (1986)Large Shareholders and Corpor…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…The General Theory of Employment (1937)The General Theory of Employm…The General Theory of Employment, Interest and Money. (1936)The General Theory of Employm…Cash is queen? Impact of gender-diverse boards on firms' cash holdings during COVID-19 (2024)Cash is queen? Impact of gend…Does the quality management system affect working capital management efficiency? Evidence from Polish firms (2023)Does the quality management s…Does the Efficiency of a Firm’s Intellectual Capital and Working Capital Management Affect Its Performance? (2023)Does the Efficiency of a Firm…Working capital management and firm performance in the hospitality and tourism industry (2022)Working capital management an…The role of cash holdings during financial crises (2022)The role of cash holdings dur…ESG performance and stock prices: evidence from the COVID-19 outbreak in China (2022)ESG performance and stock pri…Does green credit policy impact corporate cash holdings? (2022)Does green credit policy impa…Do women board members affect dividend policy and cash holdings? Evidence from ASEAN emerging economies (2022)Do women board members affect…The impact of boards of directors’ characteristics on cash holdings in uncertain times (2021)The impact of boards of direc…Corporate reputation risk and cash holdings (2021)Corporate reputation risk and…Board Gender Diversity and Cash Holdings: Empirical Evidence from the European Sport and Leisure Sector (2021)Board Gender Diversity and Ca…The impact of CEO educational background on corporate cash holdings and value of excess cash (2020)The impact of CEO educational…MINING RISK-RELATED SENTIMENT IN CORPORATE ANNUAL REPORTS AND ITS EFFECT ON FINANCIAL PERFORMANCE (2020)MINING RISK-RELATED SENTIMENT…Corporate cash holdings, firm performance and national governance: evidence from emerging markets (2020)Corporate cash holdings, firm…Corporate cash holdings and total factor productivity – A global analysis (2020)Corporate cash holdings and t…Female directors and corporate cash holdings: monitoring vs executive roles (2019)Female directors and corporat…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)On Persistence in Mutual Fund Performance (1997)Illiquidity and stock returns: cross-section and time-series effects (2002)A five-factor asset pricing model (2014)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)Mergers and the Market for Corporate Control (1965)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)A Survey of Corporate Governance (1997)Law and Finance (1998)Corporate Ownership Around the World (1999)Credit Rationing in Markets with Imperfect Information (1981)Agency costs of free cash flow, corporate finance, and takeovers (1996)Corporate social responsibility and access to finance (2013)The Economics of Disclosure and Financial Reporting Regulation: Evidence and Suggestions for Future Research (2016)Demand for green finance: Resolving financing constraints on green innovation in China (2021)Does the Stock Market Overreact? (1985)Noise Trader Risk in Financial Markets (1990)Giving Content to Investor Sentiment: The Role of Media in the Stock Market (2007)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)Introduction: epistemic communities and international policy coordination (1992)Postwar U.S. Business Cycles: An Empirical Investigation (1997)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)The theory and practice of corporate finance: evidence from the field (2001)
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References

  • 1993Common risk factors in the returns on stocks and bonds26,615 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1936The General Theory of Employment, Interest and Money.14,486 cited
  • 1986Large Shareholders and Corporate Control8,403 cited
  • 1997Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?6,790 cited
  • 2010New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index5,574 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 1937The General Theory of Employment5,168 cited
  • 1987Financing Constraints and Corporate Investment4,354 cited
  • 1999The determinants and implications of corporate cash holdings3,910 cited
  • 2006Financial Constraints Risk3,702 cited
  • 2004The Cash Flow Sensitivity of Cash3,523 cited
  • 2009Deciphering the Liquidity and Credit Crunch 2007–20083,326 cited
  • 2008What Matters in Corporate Governance?2,903 cited
  • 2009Bank lending during the financial crisis of 20082,777 cited
  • 1999Understanding the determinants of managerial ownership and the link between ownership and performance

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2,502 cited

Cited by

  • 2023Does the Efficiency of a Firm’s Intellectual Capital and Working Capital Management Affect Its Performance?99 cited
  • 2022ESG performance and stock prices: evidence from the COVID-19 outbreak in China85 cited
  • 2020Corporate cash holdings, firm performance and national governance: evidence from emerging markets84 cited
  • 2019Female directors and corporate cash holdings: monitoring vs executive roles76 cited
  • 2021Corporate reputation risk and cash holdings73 cited
  • 2020The impact of CEO educational background on corporate cash holdings and value of excess cash71 cited
  • 2022Does green credit policy impact corporate cash holdings?70 cited
  • 2022The role of cash holdings during financial crises57 cited
  • 2022Working capital management and firm performance in the hospitality and tourism industry53 cited
  • 2021The impact of boards of directors’ characteristics on cash holdings in uncertain times50 cited
  • 2020Corporate cash holdings and total factor productivity – A global analysis37 cited
  • 2022Do women board members affect dividend policy and cash holdings? Evidence from ASEAN emerging economies36 cited
  • 2024Cash is queen? Impact of gender-diverse boards on firms' cash holdings during COVID-1936 cited
  • 2021Board Gender Diversity and Cash Holdings: Empirical Evidence from the European Sport and Leisure Sector34 cited
  • 2020MINING RISK-RELATED SENTIMENT IN CORPORATE ANNUAL REPORTS AND ITS EFFECT ON FINANCIAL PERFORMANCE34 cited
  • 2023Does the quality management system affect working capital management efficiency? Evidence from Polish firms33 cited