Corporate cash holding behavior and financial environment: a critical review
Research on corporate liquidity management practices has mainly focused on the trade-off between the potential costs and benefits of holding cash. However, in order to improve the firm financial performance, much remained to be understood, particularly, the cash holding behavior of firms. Furthermor...
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| Format: | Article |
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Econjournals
2015
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| _version_ | 1796860455566704640 |
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| author | Tahir, Muhammad Sohail Alifiah, Mohammad Norfian |
| author_facet | Tahir, Muhammad Sohail Alifiah, Mohammad Norfian |
| author_sort | Tahir, Muhammad Sohail |
| collection | ePrints |
| description | Research on corporate liquidity management practices has mainly focused on the trade-off between the potential costs and benefits of holding cash. However, in order to improve the firm financial performance, much remained to be understood, particularly, the cash holding behavior of firms. Furthermore, this study reveals that contemporary literature in the area of cash management may overlook the industry and institutional context of firms at sector level. In addition, sectors are important to study due to their unique characteristics and heterogeneity in the financial environment. Therefore, in order to improve the firm’s financial performance, future studies in developing markets can be focused on the potential impact of different financial environment, particularly, the significance of capital structure and dividend policies on corporate cash holding mechanism at sector level. |
| first_indexed | 2024-03-05T19:41:37Z |
| format | Article |
| id | utm.eprints-58170 |
| institution | Universiti Teknologi Malaysia - ePrints |
| last_indexed | 2024-03-05T19:41:37Z |
| publishDate | 2015 |
| publisher | Econjournals |
| record_format | dspace |
| spelling | utm.eprints-581702021-08-24T14:49:59Z http://eprints.utm.my/58170/ Corporate cash holding behavior and financial environment: a critical review Tahir, Muhammad Sohail Alifiah, Mohammad Norfian HD28 Management. Industrial Management Research on corporate liquidity management practices has mainly focused on the trade-off between the potential costs and benefits of holding cash. However, in order to improve the firm financial performance, much remained to be understood, particularly, the cash holding behavior of firms. Furthermore, this study reveals that contemporary literature in the area of cash management may overlook the industry and institutional context of firms at sector level. In addition, sectors are important to study due to their unique characteristics and heterogeneity in the financial environment. Therefore, in order to improve the firm’s financial performance, future studies in developing markets can be focused on the potential impact of different financial environment, particularly, the significance of capital structure and dividend policies on corporate cash holding mechanism at sector level. Econjournals 2015-07-28 Article PeerReviewed Tahir, Muhammad Sohail and Alifiah, Mohammad Norfian (2015) Corporate cash holding behavior and financial environment: a critical review. International Journal of Economics and Financial Issues, 5 (SI). pp. 277-280. ISSN 2146-4138 https://econjournals.com/index.php/ijefi/article/view/1391 |
| spellingShingle | HD28 Management. Industrial Management Tahir, Muhammad Sohail Alifiah, Mohammad Norfian Corporate cash holding behavior and financial environment: a critical review |
| title | Corporate cash holding behavior and financial environment: a critical review |
| title_full | Corporate cash holding behavior and financial environment: a critical review |
| title_fullStr | Corporate cash holding behavior and financial environment: a critical review |
| title_full_unstemmed | Corporate cash holding behavior and financial environment: a critical review |
| title_short | Corporate cash holding behavior and financial environment: a critical review |
| title_sort | corporate cash holding behavior and financial environment a critical review |
| topic | HD28 Management. Industrial Management |
| work_keys_str_mv | AT tahirmuhammadsohail corporatecashholdingbehaviorandfinancialenvironmentacriticalreview AT alifiahmohammadnorfian corporatecashholdingbehaviorandfinancialenvironmentacriticalreview |