Corporate sector cash holding – optimal levels, macro context, or external shocks?

The objective of this paper is to validate the existence of an extensively documented secular upward trend in corporate cash holding. To do this, we use the new data for Poland and review original datasets from Bates et al. [2009] for the U.S. We find no trace of a trend for Poland and believe most...

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Bibliographic Details
Main Authors: Berent Tomasz, Śniechowski Maciej
Format: Article
Language:English
Published: Sciendo 2023-12-01
Series:International Journal of Management and Economics
Subjects:
Online Access:https://doi.org/10.2478/ijme-2023-0018