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Determinants of corporate cash holdings: Evidence from spin-offs

✍ Scribed by Ranjan D’Mello; Sudha Krishnaswami; Patrick J. Larkin

Book ID
116615110
Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
173 KB
Volume
32
Category
Article
ISSN
0378-4266

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This study explores the simultaneous relationship between corporate cash holdings and dividend policy using a large sample of around 400 non-financial firms for the period from 1991 to 2008. The results show that cash holdings are affected by dividends, leverage, growth, size, risk, profitability, a