Essays about: "Corporate Cash Holdings"
Showing result 1 - 5 of 21 essays containing the words Corporate Cash Holdings.
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1. Cash Holdings, Secured Debt and Collateral
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : The purpose of this study is to empirically investigate the relationship between unencumbered tangibility and cash holdings, and to evaluate if corporations consider them to be substitutable variables of corporate liquidity. The study relies on a panel data set and then employs a firm fixed effect regression model to estimate the strength and direction of the relationship of interest. READ MORE
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2. Family firms and M&A value creation: Lessons from the Swedish market
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This study examines the effect of family ownership on acquirer value creation through mergers and acquisitions (M&A) in Sweden. Sweden makes an interesting case with a high presence of family firms, dual-class share structures, and pyramid holdings, along with strong minority shareholder protection. READ MORE
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3. Does hedging with derivatives create firm value?
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : This paper studies the impact derivative hedging has on firm value and whether the relationship is affected by differences in cash holdings. We use hand-collected data for 171 Swedish firms from various industries during the period 2016-2021 to examine the relationship. READ MORE
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4. Patterns and Determinants of Payout Policy in the 21-st Century : A study of the Nordic Countries.
University essay from Umeå universitet/FöretagsekonomiAbstract : Payout policies is one of the most discussed topics in corporate finance. Since Miller & Modigliani (1961) dividend irrelevance theory, which was based on perfect markets, many theories have been developed in order to incorporate market imperfections to payout decisions. READ MORE
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5. Excess Cash holdings and Acquisitions: A study on Nordic firms
University essay from Göteborgs universitet/Graduate SchoolAbstract : By adapting a well-recognized model for estimating normal cash holdings, this study examines if Nordic public firms with excess cash have a higher likelihood of performing acquisitions. Given that firms have access to capital markets, firms should be able to fund positive net present value projects regardless of current cash levels. READ MORE