Search Results - subject_exact:"Corporate liquidity"

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Supply network fragility, inventory investment, and corporate liquidity

Sanz, Leandro - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014475151

Exploring the impact of oil price changes on corporate cash holdings during VAT era in UAE

Almaazmi, Ghada; Al-Shboul, Mohammad - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015617366

Firm liquidity and the origins of aggregate fluctuations in a network economy

Eshraghi, Mohsen - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015619062

Government arrears and corporate policies : lessons from a natural experiment

Abad, José M.; Bermejo, Vicente J.; Cuñat, Vicente; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015611089

Why do family firms hold cash? : agency conflicts and valuation perspectives

Tayem, Ghada; Abu Ghunmi, Diana; Bino, Adel; Tayeh, Mohammad - 2026

This study aims to examine whether family firms differ from nonfamily firms in their propensity to save cash, particularly in response to new investment opportunities, and to assess how investors value the cash holdings of family versus nonfamily firms in light of potential agency concerns. The...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015611266

Managing the components of working capital in terms of economic recession : a synergistic effect on the financial and economic standing of a company

Iershova, Natalia Y.; Portna, Oksana V.; Mahdysiuk, … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015614233

Greener but thinner? : assessing green bond market liquidity

Dulak, Thomas; Wolff, Guntram B. - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015614426

Corporate governance and bank risk before and after the global financial crisis : evidence from India

Banerjee, Gaurango; Shetty, Shekar - 2026

This study examines the impact of corporate governance on sustainability-related risk in Indian banks across crisis and post-crisis periods. Using data from 37 public and private banks between 2006 and 2018, it analyzes how board characteristics influence liquidity and solvency risk. Panel...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015628516

Hybrid machine learning-econometric framework for financial distress scoring : evidence from German manufacturing firms

Farag, Karim; Ali, Loubna; Hamada, Mohamed Ahmed - 2026

Nowadays, the European economy faces significant global challenges that threaten the continuity of economic growth, especially in the German manufacturing sector, which is under strain from financial turmoil, resulting in numerous layoffs and firm closures. In this respect, FinTech significantly...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015628559

Firm performance, liquidity and capital structure nexus : evidence from the PMG panel-ARDL approach

Marozva, Godfrey - 2026

Utilising data from the selected companies listed on the Johannesburg Stock Exchange and using the Panel Autoregressive Distributed Lag (ARDL) specifically employing the Pooled Mean Group approach, this study examines the cointegrating and causal relationships among firm liquidity, performance...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015639035

Liquidity, leverage and financial performance nexus : insights from sub-Saharan Africa's healthcare sector

Dangs, Ayuba Zakka; Ojeka, Stephen Aanu; Uthman, Ahmad … - 2026

This study investigates how liquidity and leverage shape financial performance in sub-Saharan Africa's listed healthcare firms and concludes that internal liquidity capacity is a more reliable driver of performance than debt. Using an ex post facto design, the study examines 60 firm year...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015643324

False reality bias in treasury management

Reyes Marín, Óscar De los; Paz Gil, Iria; … - 2026

This study examines the False Reality Bias in treasury management, a cognitive distortion through which small and medium-sized enterprises (SMEs) infer financial stability from salient bank balances while overlooking pending obligations and cash-flow timing. Using a firm-level dataset of 50...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015644196

The effect of regulatory liquidity measure on bank capital structure

Mabandla, Ndonwabile Zimasa; Marozva, Godfrey - 2026

This study investigates the effects of liquidity regulation, specifically the liquidity coverage ratio (LCR), on the capital structure of South African banks, with a focus on debt maturity composition. Using panel data covering the period 2015-2024, the analysis applies the Generalized Method of...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015656185

An assessment of liquidity, profitability and working capital management strategy in Polish manufacturing companies in the pressure-casting industry during the crisis

Zimon, Grzegorz; Habib, Ahmed Mohamed; Tarighi, Hossein; … - 2026

This study assesses liquidity, profitability, and working capital management (WCM) strategy in Polish manufacturing companies in the pressure-casting industry, drawing on evidence from the pre-COVID-19, COVID-19, and Russia-Ukraine war periods. Using panel data from 19 companies representing 90%...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015656268

The impact of ESG performance on non-performing loans, capital adequacy, liquidity risk, and net balance sheet position in banks

Ciğer, Ayşegül; Yetiz, Filiz; Kınay, Bülent - 2026

This study examines the relationship between banks' ESG performance and core risk and balance sheet indicators in the Turkish banking sector. Using an unbalanced panel of eight banks listed on Borsa Istanbul over the period 2008-2023, we estimate bank fixed-effects models with one-year-lagged...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015652115

The effects of technology and liquidity on bank capital structure

Mabandla, Ndonwabile Zimasa - 2026

This research enhances the literature on bank capital structure by combining financial intermediation theory with technological innovation to analyse the impact of FinTech adoption and liquidity management on leverage choices in South African banks. Utilising panel data spanning 2015 to 2024 and...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015652196

Liquidity recovery dynamics following volatility shocks : evidence from an emerging equity market

Panigrahi, Ashok Kumar; Sharma, Anita; Sarda, Varun - 2026

Understanding how quickly trading liquidity recovers after volatility shocks is central to evaluating market resilience and trading costs in financial markets. The purpose of this study is to examine how quickly trading liquidity recovers after volatility-based stress shocks in an emerging...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015652372

Affordability of cash : from stocktaking to why and how

Rösl, Gerhard; Seitz, Franz - 2026

This paper analyzes the affordability of cash in an international context. After outlining why cash should remain a core component of a diversified payment mix within a resilient and efficient payment system, we discuss methodological challenges associated with measuring the costs of payment...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015636428

Bank failures: the roles of solvency and liquidity

Correia, Sergio; Luck, Stephan; Verner, Emil - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015636777

Stakeholder-centric corporate misconduct and financing policies : a precautionary tale

Attig, Najah; El Ghoul, Sadok; Hossain, Ashrafee Tanvir - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015559066

Geopolitical risk, proximity, and corporate cash holdings : evidence from Korea

Jahan, Fariha; Ryu, Doojin - 2026

This study examines how geographic proximity shapes the impact of geopolitical risk on the cash-holding behavior of Korean firms. Geopolitical risks in proximate partner countries induce stronger precautionary cash responses than comparable domestic shocks. Geopolitical risks associated with...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015666496

Elasticity of money in production networks, working capital, credit lines and financial conditions

Banerjee, Ryan; Shin, Hyun Song; Vidal Pastor, Jose Maria - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015668344

Liquidity regulation and bank funding costs

Aldasoro, Iñaki; Dörr, Sebastian; Zhou, Haonan - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015668355

Resilience in flux : how family firms challenge liquid modernity

Floris, Michela; Argiolas, Giuseppe; Dettori, Angela - 2026

Frame of the research. In an era of liquid modernity, characterized by uncertainty, acceleration, and fragmentation, family businesses must redefine resilience to address evolving challenges. While resilience has been extensively studied, few works explore its transformation under the pressure...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015670761

Internal versus external liquidity : investment efficiency under market frictions

Webb, David C. - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016060060

Corporate disclosure, government bailout, and liquidity crisis

Lee, Kyounghun; Oh, Frederick Dongchuhl; Park, Junghum - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016061437

Learning from hospital financial distress associated with negative cash reserves

Shanmugam, Ramalingam; Mileski, Michael; Beauvais, Bradley - 2026

This study introduces a multivariate distance-based framework for analyzing hospital liquidity stress using three financial indicators: cash reserves, days with negative cash, and accounts receivable. Using Definitive Healthcare data from 2020-2025, the study applies principal component analysis...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016061377

The split payment mechanism and financial liquidity of enterprises in section F-construction

Przekota, Grzegorz; Kowal-Pawul, Anna; Pitera, Rafał - 2026

Objective: The aim of the study conducted in the article is to examine whether the split payment mechanism (SPM) affects the financial liquidity of enterprises in section F - construction. It was also determined whether adjustments to liquidity ratios should be made for enterprises whose...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016061877

Analysis of financial distress risk in public listed agrifood companies in Lithuania

Andriuskevicius, Karolis; Baležentis, Tomas; … - 2026

Financial instability has continued to unleash unparalleled challenges upon public listed agricultural food companies in Lithuania. Food supply chains experienced disruptions, consumer demand waned and the economy endured a downturn. Major public listed agricultural food companies confronted...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016072464

The Nexus of economic policy uncertainty, cash holdings, and investment : a systematic literature review from an agency theory perspective

Pradita, Nungki; Tandelilin, Eduardus; Setiyono, Bowo - 2026

This systematic literature review (SLR), integrated with bibliometric analysis, provides a comprehensive investigation into the impact of economic policy uncertainty (EPU) on corporate strategic decisions. While previous studies often discuss EPU impacts broadly, this review specifically...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016069326

Emissions, liquidity, and institutional ownership

Finke, Adrian; Finke, Adrian; Nerlinger, Martin; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016082808

Private assets and financial stability : the role of Dutch insurers and pension funds

Dimitrov, Daniel; Ool, Annick van; Thoolen, Anna; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016081216

Solvency and systemic risk of European life insurers

Chatterjee, Somnath; Humphry, David - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016064174

Does a country's environmental policy affect the value of small and medium sized enterprises liquidity in the energy sector?

La Rocca, Tiziana; La Rocca, Maurizio; Fasano, Francesco; … - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014245516

Corporate sector cash holding : optimal levels, macro context, or external shocks?

Berent, Tomasz; Śniechowski, Maciej - 2023

The objective of this paper is to validate the existence of an extensively documented secular upward trend in corporate cash holding. To do this, we use the new data for Poland and review original datasets from Bates et al. [2009] for the U.S. We find no trace of a trend for Poland and believe...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014476839

Solvency requirements for insurers : Ukrainian practices and international experience

Novosolova, Olena - 2025

The relevance of the study was due to the transformation of approaches to regulating the solvency of insurers in the world's leading economies and the need to adapt the Ukrainian insurance supervision system to international standards. Countries with developed insurance markets use capital...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015616705

Stayin' alive : debt complexity as a bankruptcy-delaying mechanism

Forssbæck, Jens; Jankensgård, Håkan; Moursli, Reda - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015440941

Is U.S. CEO equity and cash compensation aligned with agency theory to maximize shareholder returns?

Pandher, Gurupdesh S.; Koslowsky, David; Bonaparte, Yosef - 2025

Recent international studies on CEO pay in Europe, Japan, and South Korea reveal significant differences from the U.S. in the use and effectiveness of equity-based CEO compensation, raising questions about the ability of conventional contracts based on agency theory to align with actual CEO...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015584361

Cash holdings and health shocks

Tian, Lin; Guariglia, Alessandra; Horsewood, Nicholas - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015168596

CEO overconfidence and the speed of adjustment of cash holdings

El Kalak, Izidin; Goergen, Marc; Guney, Yilmaz - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015324774

Bank liquidity supply and corporate investment during the 2008-2009 financial crisis

Zhang, Wei - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015372658

Stock and corporate bond liquidity : When having the same issuer induces commonality

Márquez De la Cruz, Elena; Martínez Cañete, Ana Rosa; … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015374457

Does corporate policy risk affect stock liquidity? : panel data evidence from listed Companies in a Major Emerging Market

Sahu, Asis Kumar; Debata, Byomakesh; Gherghina, Ştefan … - 2025

This study examines the impact of firms' overall corporate policy risk on stock liquidity. This study constructs a novel overall corporate policies risk index (PRI) for firms by capturing risk embedded in managers' different policy decisions, such as investment, financing, diversification, and...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015210375

In the shadow of shadow banking : a liquidity perspective

Liu, Zehao; He, Ping; Xie, Chengbo - 2025

Liquidity requirements for commercial banks improve risk-sharing for depositors. Nevertheless, shadow banks, issuing securities with lower liquidity, operate outside such regulatory constraints. In an economy featuring shadow banks with a constant level of liquidity for shadow bank securities,...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015332591

Extreme temperature shocks and firms' financial distress

Liu, Xinheng; Lv, Shumei; Yang, Xin; Cao, Jie; Huang, … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015332848

Population aging and corporate cash holdings : empirical evidence from Chinese listed companies

Zhang, Yue; Zhang, Qizhen - 2025

This study examines the effect of population aging on corporate cash holdings using a sample of Chinese A-share listed firms from 2007 to 2021. These results indicate that population aging increases corporate cash holdings. The mechanism analysis suggests that increased labor adjustment costs...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015334513

Does culture matter in corporate cash holdings?

Deng, Yongning; Zeng, Sipeng - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015334568

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Does Culture Matter in Corporate Cash Holdings?

Deng, Yongning - 2022

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Inventor-base concentration and corporate cash holdings

Wang, Jin - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015334601

Bankruptcy prediction, financial distress and corporate life cycle : case study of central european enterprises

Michalkova, Lucia; Ponisciakova, Olga - 2025

Businesses are influenced by the cyclical nature of economic development and distinct stages in the corporate life cycle. Accurate early-warning mechanisms are crucial to mitigating bankruptcy risk, enabling timely rescue measures. This article analyses the reliability of various bankruptcy...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015337360

Heterogeneous impact of cost of carry on corporate money demand

Movaghari, Hadi; Sermpinis, Georgios - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015338103