Search Results - subject_exact:"Treasury management"

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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015644196

Bank treasury management : a practitioner's guide to hedging and funding strategy

Lubinska, Beata - 2026

In today's complex and ever-changing financial landscape, treasury management has become a crucial function within organizations. The ability to manage financial risks, ensure liquidity, and comply with regulatory standards is essential for the long-term success and stability of any business....

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015531715

A granular look into firms' cash portfolios

Yook, Youngsuk - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015339665

Earnings management by acquiring firms in cash mergers

Malikov, Kamran T.; Zalata, Alaa Mansour - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015195300

Environmental, social, and governance score and corporate financial performance : the strategic role of corporate cash holdings

Hamid, Lubna; Shear, Falik - 2025

This research paper investigates the impact of Environmental, Social, and Governance (ESG) performance on corporate financial performance (CFP). Moreover, it explores the moderating role of corporate cash holdings in the link between ESG and the financial performance of firms. Data is collected...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015475306

Linking working capital efficiency to profit maximisation : a conceptual analysis

Islam, Iqbal Md Mazharul - 2025

The survival of a company is highly dependent on the management of its working capital. Effective working capital management can lead to greater profitability. Insufficient working capital or liquidity shortages can severely hinder profitability and operational sustainability. The primary...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015402831

The role of instant payments and central bank digital currencies in transforming merchant cash management

Maniyar, Vidit - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015458776

The effects of managerial entrenchments on the relationship between cash holdings and corporate financial objectives in GCC countries

Tawfik, Omar Ikbal; Rashid, Abdul Rahaman Abdul; Elbaz, … - 2024

Firms in the Gulf region are predominantly governed by the entrepreneurial model where royal ownerships/management dominants. Using a Panel Regression Model in a sample of 202 firms across six countries in the Gulf Cooperating Council (GCC), this paper assesses the direct effect of corporate...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015446732

CFO social capital, liquidity management, and the market value of cash

Anderson, Christopher W.; Wintoki, M. Babajide; Xi, Yaoyi - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015557291

Mapping ESG, green finance, and sustainable financial performance research : trends, challenges, and prospects

Ms, Eka Indriyani; Alam, Syamsu; Munir, Abdul Razak - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015616925

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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015617366

Government arrears and corporate policies : lessons from a natural experiment

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

Persistent link: https://www.econbiz.de, 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://www.econbiz.de, 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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015614233

Personal financial planning and the propensity of central bank digital currency adoption

El Kalak, Izidin; Nourallah, Mustafa; Timmerman, Inga - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015592810

Influence of company's tax exposure as capital structure decision on financial performance of state-owned sugar manufacturing corporation projects in Western Kenya

Kawour, Mathew Elijah; Rambo, Charles Mallans; Odundo, … - 2026

This study examined how a company's tax exposure, conceptualized as a capital structure decision factor, influences the financial performance of state-owned sugar manufacturing corporations in Western Kenya. Grounded in Modigliani and Miller's capital structure model and drawing on trade-off,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015626433

Quasi-indexers' ownership and capital budgeting efficiency of firms

Zhang, Xiaowen - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015641311

Corporate finance in the theory of innovative enterprise

Lazonick, William - 2026

In my research on innovative enterprise and sustainable prosperity, I use the "theory of innovative enterprise" to examine how modes of corporate finance-founder investments, private placements, initial public offerings, retained earnings, secondary stock issues, employee stock options,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015644052

Trends in capital structure : a bibliometric analysis to support the construction of decision-support methodologies

Passos, José Matheus Ferreira Gomes dos; Fonseca, … - 2026

This paper presents a bibliometric analysis and literature review of methodologies for optimal capital structure decision making, focusing on research published between 2000 and 2024. This study reviews current research, identifies gaps, and outlines a plan to support with financial decisions. A...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015644227

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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015656268

Current trends for robo-advisors

Dias, Fabio Silva - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015651176

Seasonal variation in cash flows and the timing role of accruals

Kapons, Martin; Veenman, David - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015651921

ESG performance and financial performance : an overview

Siyahhan, Baran; Loucou, Marie-Renée - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015651966

Dynamics of financial decisions for 21st-century economic environments : the link between business performance, inclusion, and financial literacy of entrepreneurs in Latin America

Chuquimia-Rivero, Wladimir; García-Salirrosas, … - 2026

Entrepreneurs represent a key piece in the generation of jobs and contribution to the economy through the performance of their businesses. Taking into account that literacy and financial inclusion constitute a business facilitator for the development of businesses, this study was based on...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652370

Capital structure decisions and business excellence : benchmarking financial performance in Vietnamese listed companies

Nguyen Duy Hung; Tuan Anh Truong - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015632744

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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015636428

The impact of internationalisation through export growth on debt financing in construction firms : evidence from the Americas

Bogołębska, Justyna; Gostkowska-Drzewicka, Magdalena; … - 2026

Objective: This study investigates the impact of internationalisation on the indebtedness of construction companies in the Americas. We measured internationalisation as the share of exports in total revenues, reflecting a firm's engagement in cross-border sales. Research Design & Methods: The...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015636927

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

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

Persistent link: https://www.econbiz.de, 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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015666496

Unraveling the influence of ESG performance on working capital management : an empirical analysis of a global panel dataset

Yilmaz, Ilker - 2026

This study investigates the impact of environmental, social, and governance (ESG) practices on working capital management (WCM) with a global sample of nonfinancial firms from 2004 to 2023. We hypothesize that ESG performance has a positive impact on WCM. Using a sample of 8350 firms in 73...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015664920

Cash IS king! : securing liquidity in economic crisis

Warning, Hans Olaf; Grömling, Michael; Schulke, Arne - 2023

The beginning of the year 2023 is marked by continued economic instability, some of it still lingering from economic ramifications of the COVID-19 pandemic, some brought on by the war in Ukraine, high energy prices and other more regional factors. For businesses of all shapes and sizes, this...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014249534

Centralisation of cash management : still advisable?

Christian, Bartsch; Westerman, Wim - 2023

Aim: This article builds upon recent evidence that centralisation of cash management activities, often advocated by enthusiast protagonists from the academic, corporate and consultancy world, has given way to decentralisation thereof. The aim of the article is to underpin the idea that such...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014315979

Cash holdings and corporate financialization : evidence from listed Latin American firms

Rabinovich, Joel; Pérez Artica, Rodrigo - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014312912

Cash shortfall as a predictor of equity issuance decisions : the role of current cash holdings and expected future cash flows

Rossi, Anna; Sahlström, Petri - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014429971

Corporate sector vulnerability and the role of cash holdings during and after the COVID-19 crisis : evidence from non-financial corporates listed in Asia-Pacific

Ho, Kevin; Lam, Stephen; Wong, Andrew - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014473310

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://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014476839

The effect of financial mismatch on corporate ESG performance : evidence from Chinese A-share companies

Li, Xiaoli; Heng, Wenxin; Zeng, Hangyu; Xian, Chengyi - 2025

This study examines the effect of financial mismatch on corporate ESG performance in the context of China's developmental strategy and its dual-carbon goals. Using panel data for Chinese A-share firms spanning 2009-2023 and employing fixed-effects regression models, we find that financial...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015584376

The impact of climate risk on corporate financialization : based on empirical evidence of Chinese A-share listed companies

Lu, Hongjian; Tang, Jingjing; Song, Zhengge - 2025

Climate risk, as a significant factor affecting human sustainable development, has emerged as a focal topic of concern for governments and all sectors of society. Using a dataset from China's Shanghai and Shenzhen A-share markets spanning 2007 to 2019, this study empirically examines how climate...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015584380

Cash holdings and health shocks

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

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015168596

Linking SDGs to corporate financial performance : insights from fsQCA analysis of prosperity-related SDGs and market capitalization

López, Belén; Gómez-Olmedo, Ana M.; … - 2025

This study examines the relationship between corporate financial performance and the implementation of Sustainable Development Goals (SDGs), with a focus on prosperity-related SDGs. Using fuzzy-set Qualitative Comparative Analysis (fsQCA), the research analyzes a sample of 26 companies to...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015548956

CEO overconfidence and the speed of adjustment of cash holdings

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

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015324774

Show one more version 1

CEO Overconfidence and the Speed of Adjustment of Cash Holdings

El Kalak, Izidin - 2020

Book / Working Paper

Does liquidity management induce fragility in treasury prices? : evidence from bond mutual funds

Huang, Shiyang; Jiang, Wenxi; Liu, Xiaoxi; Liu, Xin - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015371019

Detecting corporate ESG performance : the role of ESG materiality in corporate financial performance and risks

Yang, Sharon S.; Huang, Jr-Wei; Chen, Hong-Yi; Tsay, … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015372590

Show one more version 1

Detecting Corporate ESG Performance : The Role of ESG Materiality in Corporate Financial Performance and Risks

Yang, Sharon S.; Huang, Jr-Wei; Chen, Hong-Yi - 2022

Book / Working Paper

CEO turnover and financial policy transfer

Kim, Daniel Sungyeon; Ahn, Kwangwon; Jang, Hanwool; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015374364

Financial education mandates and financial wellbeing of young adults : examining financial capability factors as mediators

Fan, Lu; Zeng, Yingying - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015374642

Financial performance analysis of companies in the stock exchange Istanbul tourism index

Tutar, Hasan; Ay, Gamze; Şahin, Mehmet - 2025

This study aimed to evaluate the financial performance of tourism companies listed on the Borsa Istanbul Stock Exchange (BIST) using a multi-criteria decision-making method called the Range of Values (ROV) technique. This approach was chosen because it allows multiple financial indicators to be...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015376326

Board gender diversity and risk management in corporate financing : a study on debt structure and financial decision-making

Askarany, Davood; Jafari, Soleil; Pouryousof, Azam; … - 2025

This study examines the role of board gender diversity in shaping cor‑ porate financial decisions, particularly in terms of debt structure and risk management. Focusing on the Tehran Stock Exchange, it explores how female representation on boards influences long‑term and short‑term...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015331233

Sustainability strategy and financial performance in the insurance company

Sylos Labini, Stefania; Di Biase, Pasquale; D'Apolito, … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015331636

Can accounts receivable factoring restrain corporate financialization? : evidence from China

Chen, Lirong; Long, Yuxuan; Tang, Xuemei; Wang, Jiani - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015331801

Generational differences in financial well-being : understanding financial knowledge, skill, and behavior

Fan, Lu; Henager, Robin - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015333798