Chen, Yangyang; Dou, Paul Y.; Rhee, S. Ghon; Truong, Cameron - In: Journal of Banking & Finance 50 (2015) C, pp. 1-18
This paper examines whether cultural dimensions explain the variation in corporate cash holdings around the world as well as within the United States. We establish four major findings. First, in an international setting, corporate cash holdings are negatively associated with individualism and...
