Zhou, Meihua; Li, Ruining; Cao, Jian; Lin, Bin - In: China journal of accounting studies 11 (2023) 3, pp. 543-573
, we investigate the association between CEO risk-taking entrepreneurial spirit and firm cash holdings, and find that firms … with higher CEO risk-taking entrepreneurial spirit have less cash holdings. Further, we find that financing constraints can … mitigate the negative association between CEO risk-taking entrepreneurial spirit and firm cash holdings, whereas financing …