Showing 1 - 10 of 28,949
This study evaluates the link between CEO governance heterogeneity, power structure of the firm, and product market … competition on various facets of post-IPO cash policy. Our results suggest that post-IPO cash holdings as well as marginal value … of cash reserves are higher under a founder CEO governance regime relative to non-founder CEOs. Concentrating board power …
Persistent link: https://www.econbiz.de/10010662585
Persistent link: https://www.econbiz.de/10013482161
Persistent link: https://www.econbiz.de/10012207002
Persistent link: https://www.econbiz.de/10014576172
Persistent link: https://www.econbiz.de/10013466903
We use a dynamic model of cash management in which firms face competitive pressure to show that competition increases … competition has first order effects on the cash holdings and financing decisions of constrained firms, in ways consistent with our …
Persistent link: https://www.econbiz.de/10010258537
Persistent link: https://www.econbiz.de/10012127945
Persistent link: https://www.econbiz.de/10012239240
Persistent link: https://www.econbiz.de/10012431165
Persistent link: https://www.econbiz.de/10014246778