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...

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Bibliographic Details
Main Authors: Bukalska Elżbieta, Maziarczyk Anna
Format: Article
Language:English
Published: Sciendo 2023-03-01
Series:International Journal of Management and Economics
Subjects:
Online Access:https://doi.org/10.2478/ijme-2022-0032