Corporate Governance, Ultimate Owner, and Target Cash Holdings: Evidence From China
This study investigates the influence of corporate governance and the nature of the ultimate owner on the adjustment behavior of corporate cash holdings. This study uses a sample of Chinese listed firms over the period 2003–2016 and opts difference- and system-GMM (generalized method of moments) mod...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
SAGE Publishing
2019-12-01
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| Series: | SAGE Open |
| Online Access: | https://doi.org/10.1177/2158244019894293 |