Purpose – The purpose of this paper is to investigate the impact of firms' cash holdings and ownership concentration on the firms' valuation using an unbalanced panel dataset of non-financial listed firms in Australia. Design/methodology/approach – The author used a generalized method of...

Purpose – The purpose of this paper is to investigate the impact of firms' cash holdings and ownership concentration on the firms' valuation using an unbalanced panel dataset of non‐financial listed firms in Australia. Design/methodology/approach – The author used a generalized method of...