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Cash holding dynamics and competition intensity : evidence from UK firms

Adamolekun, Gbenga; Jones, Edward; Li, Hao - In: Managerial and decision economics : MDE ; the … 44 (2023) 1, pp. 641-662

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Equilibrium blockchain adoption strategies for duopolistic competitive platforms with network effects

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Do prediction markets aid defenders in a weak-link contest?

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The effect of the digital economy on services exports competitiveness and ternary margins

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Firm Cash Holding Dynamics : Evidence from Intense Competition, Predatory Threat and Financing Friction

Adamolekun, Gbenga; Jones, Edward A.E; Li, Hao - 2022

Using a quasi-natural experiment and various measures of competition intensity, we examine whether an increase in product market competition is a key driver of firm cash holdings. We find that firms increase cash holdings when competition is intense. We also evaluate if changes in cash holdings...

Persistent link: https://www.econbiz.de/10013406805