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...
Main Authors: | Berent Tomasz, Śniechowski Maciej |
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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 |
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