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Why Do Firms Hold Cash? Evidence from Demographic Demand Shifts
16 references·10 citing·27 second hop
Why Do Firms Hold Cash? Evidence from Demographic Demand Shifts (2019)Why Do Firms Hold Cash? Evidence from Dem…Text-Based Network Industries and Endogenous Product Differentiation (2016)Text-Based Network Industries…The real effects of financial constraints: Evidence from a financial crisis (2010)The real effects of financial…New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)New Evidence on Measuring Fin…Costly external finance, corporate investment, and the subprime mortgage credit crisis (2010)Costly external finance, corp…Why Do U.S. Firms Hold So Much More Cash than They Used To? (2009)Why Do U.S. Firms Hold So Muc…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 …International Corporate Governance and Corporate Cash Holdings (2003)International Corporate Gover…The determinants and implications of corporate cash holdings (1999)The determinants and implicat…Corporate Cash Reserves and Acquisitions (1999)Corporate Cash Reserves and A…Private and Public Supply of Liquidity (1998)Private and Public Supply of …Risk Management: Coordinating Corporate Investment and Financing Policies (1993)Risk Management: Coordinating…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Cost of Capital, Corporat…The real and financial effects of internal liquidity: Evidence from the Tax Cuts and Jobs Act (2025)The real and financial effect…The Savings of Corporate Giants (2024)The Savings of Corporate Gian…Temperature trend and corporate cash holdings (2024)Temperature trend and corpora…Geopolitical risk and cash holdings: evidence from an emerging economy (2024)Geopolitical risk and cash ho…Geographic diversification and corporate cash holdings (2023)Geographic diversification an…Climate Change Social Norms and Corporate Cash Holdings (2023)Climate Change Social Norms a…Business strategy, cash holdings, and dividend payouts (2023)Business strategy, cash holdi…The disciplinary role of product market competition on cash holding (2022)The disciplinary role of prod…Corporate debt booms, financial constraints and the investment nexus (2021)Corporate debt booms, financi…Sharing the Pain? Credit Supply and Real Effects of Bank Bail-ins (2020)Sharing the Pain? Credit Supp…Financing Constraints and Corporate Investment (1988)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)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)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)The Pricing of Options and Corporate Liabilities (1973)Law and Finance (1998)Agency costs of free cash flow, corporate finance, and takeovers (1996)Corporate Governance and Equity Prices (2003)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)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)Corporate governance and firm cash holdings in the US (2007)What Matters in Corporate Governance? (2008)The General Theory of Employment, Interest and Money. (1936)The theory and practice of corporate finance: evidence from the field (2001)Risk, Return, and Equilibrium: Empirical Tests (1973)Determinants of corporate borrowing (1977)Financing Constraints and Corporate Investment (1987)Fire Sales in Finance and Macroeconomics (2011)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)A Survey of Corporate Governance (1997)
this work references cited by second hop

References

  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
  • 2010New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index5,574 cited
  • 1999The determinants and implications of corporate cash holdings3,910 cited
  • 2006Financial Constraints Risk3,702 cited
  • 2004The Cash Flow Sensitivity of Cash3,523 cited
  • 1993Risk Management: Coordinating Corporate Investment and Financing Policies2,897 cited
  • 2009Why Do U.S. Firms Hold So Much More Cash than They Used To?2,896 cited
  • 2010The real effects of financial constraints: Evidence from a financial crisis2,298 cited
  • 2006Corporate governance and the value of cash holdings2,135 cited
  • 2016Text-Based Network Industries and Endogenous Product Differentiation2,114 cited
  • 1999Corporate Cash Reserves and Acquisitions2,066 cited
  • 1998Private and Public Supply of Liquidity1,821 cited
  • 2006Corporate Financial Policy and the Value of Cash1,642 cited
  • 2003International Corporate Governance and Corporate Cash Holdings1,636 cited

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2010
Costly external finance, corporate investment, and the subprime mortgage credit crisis
1,473 cited

Cited by

  • 2020Sharing the Pain? Credit Supply and Real Effects of Bank Bail-ins65 cited
  • 2024Temperature trend and corporate cash holdings56 cited
  • 2023Climate Change Social Norms and Corporate Cash Holdings39 cited
  • 2024The Savings of Corporate Giants31 cited
  • 2023Business strategy, cash holdings, and dividend payouts28 cited
  • 2021Corporate debt booms, financial constraints and the investment nexus27 cited
  • 2022The disciplinary role of product market competition on cash holding26 cited
  • 2025The real and financial effects of internal liquidity: Evidence from the Tax Cuts and Jobs Act22 cited
  • 2023Geographic diversification and corporate cash holdings21 cited
  • 2024Geopolitical risk and cash holdings: evidence from an emerging economy20 cited