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Why do US firms hold so much more cash than they used to?

Bates, Thomas W.; Kahle, Kathleen M.; Stulz, René M. - In: The journal of finance : the journal of the American … 64 (2009) 5, pp. 1985-2021

Persistent link: https://www.econbiz.de/10003899584

Why does US firms hold so much more cash than they used to?

Bates, Thomas W.; Kahle, Kathleen M.; Stulz, René M. - 2006

Persistent link: https://www.econbiz.de/10003380189

Why do US firms hold so much more cash than they used to?

Bates, Thomas W. (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003404437

Why Do U.S. Firms Hold So Much More Cash Than They Used To?

Bates, Thomas W. - 2006

The average cash to assets ratio for U.S. industrial firms increases by 129% from 1980 to 2004. Because of this increase in the average cash ratio, American firms at the end of the sample period can pay back their debt obligations with their cash holdings, so that the average firm has no...

Persistent link: https://www.econbiz.de/10012466129