Is it good to hold more cash before the pandemic? A case of Taiwanese firms

The Covid-19 pandemic poses a great damage to firm performance worldwide. It raises the empirical question that if any factor can help firm perform better during the pandemic. In this study, we hypothesize that firms holding more cash before the pandemic can perform better during the pandemic year i...

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Bibliographic Details
Main Authors: Shih-Wei Wu, Manh-Thao Nguyen, Ngoc Thuy Mai, Jung-Fa Tsai
Format: Article
Language:English
Published: Elsevier 2023-06-01
Series:Heliyon
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844023032577