메뉴 건너뛰기




Volumn 18, Issue 4, 2012, Pages 690-700

Asymmetric cash flow sensitivity of cash holdings

Author keywords

Asymmetry; Cash flow sensitivity; Cash holdings

Indexed keywords


EID: 84864319501     PISSN: 09291199     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jcorpfin.2012.05.003     Document Type: Article
Times cited : (56)

References (11)
  • 1
    • 34648830566 scopus 로고    scopus 로고
    • Is cash negative debt? A hedging perspective on corporate financial policies
    • Acharya V.V., Almeida H., Campello M. Is cash negative debt? A hedging perspective on corporate financial policies. J. Financ. Intermed. 2007, 16:515-554.
    • (2007) J. Financ. Intermed. , vol.16 , pp. 515-554
    • Acharya, V.V.1    Almeida, H.2    Campello, M.3
  • 3
    • 70349487039 scopus 로고    scopus 로고
    • Why do U.S. firms hold so much more cash than they used to?
    • Bates T.W., Kahle K.M., Stulz R.M. Why do U.S. firms hold so much more cash than they used to?. J. Finance 2009, 64:1985-2021.
    • (2009) J. Finance , vol.64 , pp. 1985-2021
    • Bates, T.W.1    Kahle, K.M.2    Stulz, R.M.3
  • 4
    • 0033652771 scopus 로고    scopus 로고
    • Measurement error and the relationship between investment and Q
    • Erickson T., Whited T.M. Measurement error and the relationship between investment and Q. J. Polit. Econ. 2000, 108:1027-1057.
    • (2000) J. Polit. Econ. , vol.108 , pp. 1027-1057
    • Erickson, T.1    Whited, T.M.2
  • 5
    • 33746781777 scopus 로고    scopus 로고
    • Corporate financial policy and the value of cash
    • Faulkender M., Wang R. Corporate financial policy and the value of cash. J. Finance 2006, 61:1957-1990.
    • (2006) J. Finance , vol.61 , pp. 1957-1990
    • Faulkender, M.1    Wang, R.2
  • 6
    • 0001066475 scopus 로고
    • Agency costs of free cash flow, corporate finance and takeovers
    • Jensen M.C. Agency costs of free cash flow, corporate finance and takeovers. Am. Econ. Rev. 1986, 76:323-329.
    • (1986) Am. Econ. Rev. , vol.76 , pp. 323-329
    • Jensen, M.C.1
  • 7
    • 44649197264 scopus 로고
    • Theory of the firm: managerial behavior, agency cost and ownership structure
    • Jensen M.C., Meckling W.H. Theory of the firm: managerial behavior, agency cost and ownership structure. J. Financ. Econ. 1976, 3:305-360.
    • (1976) J. Financ. Econ. , vol.3 , pp. 305-360
    • Jensen, M.C.1    Meckling, W.H.2
  • 8
    • 0003112060 scopus 로고    scopus 로고
    • Do investment-cash flow sensitivities provide useful measures of financing constraints?
    • Kaplan S.N., Zingales L. Do investment-cash flow sensitivities provide useful measures of financing constraints?. Q. J. Econ. 1997, 112:169-216.
    • (1997) Q. J. Econ. , vol.112 , pp. 169-216
    • Kaplan, S.N.1    Zingales, L.2
  • 10
    • 68249159913 scopus 로고    scopus 로고
    • The corporate propensity to save
    • Riddick L.A., Whited T.M. The corporate propensity to save. J. Finance 2009, 64:1729-1766.
    • (2009) J. Finance , vol.64 , pp. 1729-1766
    • Riddick, L.A.1    Whited, T.M.2
  • 11
    • 33645738584 scopus 로고    scopus 로고
    • Financial constraint risk
    • Whited T.M., Wu G. Financial constraint risk. Rev. Financ. Stud. 2006, 19:531-559.
    • (2006) Rev. Financ. Stud. , vol.19 , pp. 531-559
    • Whited, T.M.1    Wu, G.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.