Impact of financial constraints and financial distress on cash holdings
The aim of the study is to examine the impact of financial constraints and financial distress on cash holdings, both in normal and crisis times. We collected the 4,406 firm-year observations of companies listed on the Warsaw Stock Exchange (WSE). Our research shows that companies maintain higher cas...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2023-03-01
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Series: | International Journal of Management and Economics |
Subjects: | |
Online Access: | https://doi.org/10.2478/ijme-2022-0032 |