Purpose: The purpose of this study is to explore the association between cash holdings and business strategy for nonfinancial and nonutility US firms over the period from 1970 to 2016. Design/methodology/approach: The authors have used Miles and Snow's (1978, 2003) theoretical background and...

We study the financial determinants of cash holdings and discuss the importance of firm size in the post-crisis period. We employ panel data regression analysis on a sample of 6629 non-financial and non-utility listed companies in the United Kingdom from 2010 to 2018. We focus on the comparative...

While prior research has extensively investigated the association between firm-level attributes and CEO's characteristics, there is little evidence on whether the managerial ability is associated with cash holdings. In this paper, we examine the link between managerial ability and corporate cash...

Purpose – The purpose of this study is to explore the association between cash holdings and business strategy for non-financial US firms, over the period from 1970 to 2016.Design/Methodology/Approach – We use Miles and Snow's (1978, 2003) theoretical background and follow Bentley et al....

This article examines whether the general managerial ability of a chief executive officer (CEO) is associated with corporate cash holdings. Integrating the agency and upper echelon theories, we predict that generalist CEOs hold more cash to meet the firm’s obligations or exploit future...

We study the financial determinants of cash holdings and discuss the importance of firm size in the post-crisis period. We employ panel data regression analysis on a sample of 6629 non-financial and non-utility listed companies in the United Kingdom from 2010 to 2018. We focus on the comparative...