Paskelian, Ohannes G.; Bell, Stephen; Nguyen, Chu V. - In: The International Journal of Business and Finance Research 4 (2010) 4, pp. 59-73
-2006 and Indian firms data from 2003-2006. We examine the relationship between firm valuation and cash holdings with different … benefits extraction thus leading to lower firm valuation. In contrast, we find that Indian firms with high level of family …