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The purpose of this paper is to investigate the impact of board attributes and insider ownership on cash holdings of non-financial firms listed on Karachi Stock Exchange (KSE) Pakistan during 2008-2012. Empirical results indicate that board attributes such as CEO duality, board size and board...
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This paper examines the impact of cash holdings and board governance characteristics on companies' performance by … two-step system GMM estimations to test their research hypotheses. Moreover, firm fixed-effects regression was conducted … to the literature on cash holdings and corporate governance. They enhance our understanding of how cash holdings and …
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