Batuman, Billur; Yildiz, Yilmaz; Karan, Mehmet Baha - In: Borsa Istanbul Review 22 (2022) 4, pp. 678-687
This study investigates the impact of the global financial crisis on the determinants of corporate cash holdings and adjustments towards target cash levels using a sample of Eastern European firms. Employing panel fixed effects and GMM estimations, the results reveal that firm-level determinants...