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Search: subject:"persistently excess cash reserves (PECR)"
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Chinese firms
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corporate cash holdings
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corporate cash reserves
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integrated trade-off theory
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persistently excess cash reserves (PECR)
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the free cash-flow theory
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the pecking-order theory
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the static trade-off theory
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Xu, Yan
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The determinants and implications of corporate cash holdings in China
Xu, Yan
-
2009
This study also investigates how maintaining
persistently
excess
cash
reserves
(
PECR
) affects firms’ subsequent …
Persistent link: https://www.econbiz.de/10009434869
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