Cash Holdings and Corporate Diversification: Evidence From Nordic Companies

As we have determined that the corporate tax level has a significant effect on the level of firm investment, and that firm investment are highly sensitive to cash flow

Finally, we observe in model 6 that outside CEOs, founder CEOs and non-founder CEOs all hold significantly less cash than non- family firms.. The relationship between

This table reports the results, from panel data regressions with firm and year FE, relating changes in corporate cash holdings to temporary employment legislations for mid-

To test my hypothesis of private firms having a positive and significant cash flow sensitivity of cash greater than that of public firms, I begin by fitting the baseline model

Splitting by average cash holdings, the estimated cash flow sensitivities in Table 4 show that high- MVC firms pay out (about) 12 dollars in dividends (for average current

The economic interpretation of the coefficient of –8.77, is that if a bank makes loan loss provisions in the order of 1 percentage point of loans (deviation from the bank

In this master thesis, we show that municipalities with higher levels of trust had significant effect on investment and cash flow sensitivity to investments (CFSI)

cash holdings being the ratio of cash & cash equivalents to net assets operating cash flow which is the ratio of NOPAT to net assets, leverage is the ratio of total dept