Determinants of corporate cash holdings: Evidence from Portuguese publicly traded firms

This paper investigates the determinants of cash holdings of publicly traded Portuguese firms. We find that such firms hold less cash than similar companies operating in countries where both shareholders and creditors’ rights are more tightly protected by the law. In addition, our regression results...

Full description

Bibliographic Details
Main Authors: Fernandes, Filipa, Coelho, Luís, Peixinho, Rúben M.T.
Format: Article
Language:English
Published: Universidade do Algarve 2017-05-01
Series:Dos Algarves
Subjects:
Online Access:http://www.dosalgarves.com/rev/N29/7rev29.pdf