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...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Emerald Publishing
2019-06-01
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| Series: | Journal of Asian Business and Economic Studies |
| Subjects: | |
| 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 |