This paper examines the relationship between geopolitical risks (GPR) and corporate cash
holdings in emerging countries, where such kind of risks are more relevant. Our sample …

Between 1970 and 2014 the federal funds rate soared from approximately 7.18% to 16.38%,
and subsequently declined to 0.09%. Based on economic theory, corporate cash holdings …

A general rise in the cash holding levels by firms internationally in the recent years has led
to an increase in interest in cash holding research as cash is an asset that typically yields …

This study analyzes the determinants of cash holdings for the accommodation industry in
South European countries (Spain, Greece, Italy and Portugal) using a sample of 5964 firms …

Many current studies that evaluate liquidity of financial corporation theorize the impact that
liquidity has on performance. Most studies relate current liquidity impact to current …

The objective of this paper is to validate the existence of an extensively documented secular
upward trend in corporate cash holding. To do this, we use the new data for Poland and …

This paper examines the cash management practices of firms during the period of increased
FDIC insurance on noninterest-bearing accounts. While the Transaction Account Guarantee …

Since the 1980s, innovative companies all over the world have been holding a substantial
cash balance on their books due to transactional, preventive, agency, tax-related and …

Several studies have documented a significant increase in the average cash holdings of US
firms since the 1980s. This thesis tries to identify whether this trend is also present in the EU …

Firms have been building up cash and reducing debt steadily over the last three decades.
Using data over the 1980 to 2012 period, we provide evidence that a trading strategy based …