Seifert, Bruce; Faleye, Olubunmi; Gonenc, Halit - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2012
This study examines the impact of creditor rights on cash holdings using a sample of firms from 48 countries. We argue that creditor rights affect the willingness of lenders to provide credit, which in turn affects the need for internal liquidity and cash holdings. Consistent with this, we find...
