Hung Phan Tran Minh; Kim Nguyen Thi; Loan Pham Thi Be - In: Cogent business & management 9 (2022) 1, pp. 1-22
This article examines the non-linear relationship between financial leverage and cash holdings in the emerging market context-Vietnam. We use the dynamic model with the system generalized method of moments (SGMM) estimator and the comprehensive data set of stocks listed on the Vietnamese stock...