Untangling the Puzzle of Cash Holding Net Working Capital & Financial Performance: A Case of Pakistan Stock Market
Purpose:This study examines the impact of liquidity, cash flow operations, and cash holding on a firm’s profitability, with a moderating role of net working capital.The trade-off and pecking order theories are studied to formulate hypotheses to test the explanatory variables that affect a firm’s pr...
Main Authors: | Hamad Raza, Nimra Riaz, Ahsan Riaz, Ali Salman |
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Format: | Article |
Language: | English |
Published: |
CSRC Publishing
2023-09-01
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Series: | Journal of Accounting and Finance in Emerging Economies |
Subjects: | |
Online Access: | https://publishing.globalcsrc.org/ojs/index.php/jafee/article/view/2795 |
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