Berent, Tomasz; Śniechowski, Maciej - In: International journal of management and economics 59 (2023) 4, pp. 297-314
The objective of this paper is to validate the existence of an extensively documented secular upward trend in corporate cash holding. To do this, we use the new data for Poland and review original datasets from Bates et al. [2009] for the U.S. We find no trace of a trend for Poland and believe...