Essays about: "Manager fixed effects"
Found 2 essays containing the words Manager fixed effects.
1. Can manager conservatism explain corporate cash holdings? Evidence from the EurozoneUniversity essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi
Abstract : Differences in cash holdings across firms have traditionally been explained by precautionary savings motives. However, in line with a recent U.S. study, we identify a group of European industrial companies with a particularly high ratio of cash to assets, which cannot be explained by precautionary savings, agency or tax motives. READ MORE
2. Timmersorteringens inverkan på sågverksekonominUniversity essay from SLU/Southern Swedish Forest Research Centre
Abstract : Modern sawmills are using the raw-material and the production-capacity more efficiently today, due to rising raw-material prices and higher production costs. Log sweepness has a negative effect on the sawn yield, for sawmills with straight-sawing. READ MORE