Tayem, Ghada - In: Cogent economics & finance 11 (2023) 1, pp. 1-17
focus on institutional characteristics related to the threat of political extraction. Using firm-level financial data and … threat of political extraction) is positively related to cash holdings which suggests that the risk of political extraction … substitutes. This is the first study to examine the threat of political extraction on cash holdings using the context of the GCC …