CORPORATE GOVERNANCE AND CASH HOLDINGS
CORPORATE GOVERNANCE AND CASH HOLDINGS
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Publisher
Taipei: Institute of Economics, Academia Sinica
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Language
Chinese
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Publisher
Taipei: Institute of Economics, Academia Sinica
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Contents
In this paper, I develop a theoretical model in which we explore cash holding as a corporate governance mechanism. By using this mechanism, shareholders restrain the selfinterested behavior of managers, such as increasing capital inputs when making investment decisions. I find that the optimal level of corporate governance intensity should be adjus...
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Full title
CORPORATE GOVERNANCE AND CASH HOLDINGS
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TN_cdi_proquest_journals_2386339977
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2386339977
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ISSN
1018-161X
E-ISSN
1810-4851
