This study examines the idiosyncratic manager-specific influence on corporate cash holdings. Although traditional economic theories such as trade-off theory, financial hierarchy theory and agency free cash flow theory have already contributed to a deeper understanding of corporate cash policy,...

By relying on upper echelons theory and agency theory, this study explores how CEO characteristics impact firms’ engagement in corporate political strategy (CPS). The current study proposes that depending on their CEOs’ tenure, firms have different interests and incentives to make CPS...