The financial determinants of corporate cash holdings in an oil rich country: Evidence from Kingdom of Saudi Arabia
This paper investigates the determinants of the cash holdings for a sample of Saudi firms over the period 2006–2014, using static and dynamic panel models. Our results show that leverage, firm size, capital expenditure, net working capital and cash flow volatility are important in determining cash h...
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| Format: | Article |
| Language: | English |
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Elsevier
2017-09-01
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| Series: | Borsa Istanbul Review |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845017300017 |