Ki, YoungHa; Adhikari, Ramesh - In: International Journal of Financial Studies : open … 10 (2022) 4, pp. 1-25
Determinants of a firm's cash holdings have been a popular topic of research in finance, especially after the rapid surge in cash holdings for U.S. firms since the 1980s. The wide array of research has focused primarily on firm-specific factors to explain the cross-sectional variations but has...