Ramirez, Andres; Tadesse, Solomon - William Davidson Institute, University of Michigan - 2007
undesired states of nature. Furthermore, as a reflection of their longer business cycles, multinational firms typically hold … nature. Furthermore, as a reflection of their
longer business cycles, multinational firms typically hold more cash. At the …
*
College of Business, Byrant University, Smithfield, RI 02917; aramirez@byrant.edu;
**
Stephen M. Ross School of Business …