Financial Theories with a Focus on Corporate Cash Holding Behavior: A Comprehensive Review
This study reviews the role of different financial theories such as, trade off theory, pecking order theory and free cash flow theory in the decision making of corporate cash management practices. The review also shed a light on the ground breaking study of Modigliani and Miller (1958) in the field...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2016-06-01
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Series: | International Journal of Economics and Financial Issues |
Online Access: | http://mail.econjournals.com/index.php/ijefi/article/view/2632 |