𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Firm value, illiquidity risk and liquidity insurance

✍ Scribed by Michele Moretto; Roberto Tamborini


Book ID
116614692
Publisher
Elsevier Science
Year
2007
Tongue
English
Weight
250 KB
Volume
31
Category
Article
ISSN
0378-4266

No coin nor oath required. For personal study only.


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## Abstract Despite the recession–or perhaps because of it–US companies have excess cash. But does this provide liquidity and insurance, or does it destroy value instead? Β© 2011 Wiley Periodicals, Inc.