Essays about: "Cash holdings"

Showing result 6 - 10 of 39 essays containing the words Cash holdings.

  1. 6. Excess Cash holdings and Acquisitions: A study on Nordic firms

    University essay from Göteborgs universitet/Graduate School

    Author : Hannes Sandström; Lingjun Zhang; [2020-07-08]
    Keywords : Cash holdings; Excess cash; Mergers and acquisitions; Corporate governance; Agency conflicts; Free cash flow theories; Information asymmetries; Cash holding motives;

    Abstract : 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

  3. 7. Tax Policy, Investment, and Financial Constraints: Heterogeneous Responses to the 2013 Swedish Corporate Income Tax Reform

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi; Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Simon Wilhelm Rothschild; Ossian van Arkel; [2020]
    Keywords : Tax Policy; Investment; Financial Constraints; Cash Holdings; Investment-Cash Flow Sensitivity;

    Abstract : There is little research at the intersection of corporate income taxation, financial constraints, and investments. We seek to clarify this relationship by investigating the heterogeneous investment responses of constrained and unconstrained firms induced by the 2013 reduction in the Swedish statutory corporate income tax rate from 26. READ MORE

  4. 8. Market Liquidity and Block Holdings - Empirical evidence from the Swedish market

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Mattias Janfjord; Max Lundblom; [2020]
    Keywords : Liquidity; trading activity; ownership structure; blockholders; friction; Business and Economics;

    Abstract : Purpose: Investigate the relation between block ownership and stock liquidity. Methodology: The empirical methods used in this project are of quantitative nature. We use a set of dependent variables representing liquidity measures in order to test how our main explanatory variable, sum of block holdings, affect this. READ MORE

  5. 9. Financing constraints and R&D investments : Evidence from high-tech Swedish firms

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Maryam Adldoost; [2019]
    Keywords : R D financing constraints; Invention; Innovation; Finance;

    Abstract : Financing of research and development, as an important component of innovation, has attracted a renewed attention in academic financing literature. This paper examines the effect of financing constraints on R&D investments of high-tech Swedish companies over the period of 2010 to 2016. READ MORE

  6. 10. CEO? Or More Like RiskEO? : A Cross-Sectional Study of CEO Characteristics and Firm Risk-Taking

    University essay from Umeå universitet/Företagsekonomi

    Author : Peter Gustafsson; Eda Uysal; [2018]
    Keywords : CEO characteristics; Upper Echelon Theory; Risk-taking; Agency Theory; Prospect Theory; Swedish market;

    Abstract : Risk is something intrinsic to business, and something firms are exposed to on a daily basis. This means that there exists a great deal of pressure on the Top Management of a firm to successfully navigate the different risks to which they are exposed. READ MORE