Chen, Bing; Cui, Menglin; Chin, Chris; Seufert, Juergen - 2022
Since its first occurance in January 2020 COVID-19 has spread globally. In order to contrain the COVID 19, China has …-asset investments as well as capital expendituers. To deal with this uncertainty, managers can adjust cash holdings based on their … the first quarter (Q1) 2020 and after Q1 2020. Our findings indicate that from Q1 2020 onwards firms with management …