Asymmetric targeting of corporate cash holdings and financial constraints in Pakistani firms

Asymmetric targeting of corporate cash holdings and financial constraints in Pakistani firms

Purpose – The purpose of this paper is to investigate the asymmetric adjustment of cash holdings in Pakistani firms for above and below target firms. Design/methodology/approach – The study employs generalized method of moments (GMM) to investigate the adjustment of cash holdings. Findings – The stu...

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Bibliographic Details
Main Authors: Ghulam Ayehsa Siddiqua, Ajid ur Rehman, Shahzad Hussain
Format: Article
Language:English
Published: Emerald Publishing 2019-06-01
Series:Journal of Asian Business and Economic Studies
Subjects:
cash holdings
adjustment rate
financial constraints
pakistani firms
upward and downward adjustment
Online Access:https://www.emerald.com/insight/content/doi/10.1108/JABES-07-2018-0056/full/pdf?title=asymmetric-targeting-of-corporate-cash-holdings-and-financial-constraints-in-pakistani-firms

Internet

https://www.emerald.com/insight/content/doi/10.1108/JABES-07-2018-0056/full/pdf?title=asymmetric-targeting-of-corporate-cash-holdings-and-financial-constraints-in-pakistani-firms

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