Essays about: "cash holding"

Showing result 16 - 20 of 26 essays containing the words cash holding.

  1. 16. An Empirical Study of the Impact of Excess Cash Holdings on Enterprise Value for Nordic and Chinese Listed Companies

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Xiaochen Gu; Baizhanysh Baizrakhmanov; [2016]
    Keywords : excess cash holdings; enterprise value; NASDAQ OMX Nordic; Chinese A-share market; Business and Economics;

    Abstract : Cash holding strategy is an important financial decision for firms. It is highly related to firms’ operation and development because cash is an important guarantee to meet the business payment and investment opportunity. READ MORE

  3. 17. The Impact of Agency Costs on Corporate Cash Holdings. A Study of German Public and Private Tech Companies

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Simon Neufert; [2016]
    Keywords : Keywords: agency costs; cash holdings; excess cash; Germany; technology industry; bank power; TecDax; Business and Economics;

    Abstract : Purpose: The main objective of this thesis is to examine the effect different drivers of agency costs have on corporate cash holdings in public and private German technology firms. The analysis identifies three potential sources of agency costs. READ MORE

  4. 18. Gap Premium Pricing in Leveraged Exchange Traded Notes

    University essay from KTH/Matematisk statistik

    Author : Axel Broström; Richard Krstiansson; [2016]
    Keywords : ;

    Abstract : Exchange traded notes have recently seen a surge in popularity. Investors are pouring cash into these debt securities that track various underlying assets. Riskier leveraged exchange traded notes replicate the daily return of the underlying asset multiplied by a lever. READ MORE

  5. 19. Cash Holdings from a Risk Management Perspective - A study on high investment firms

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Fanny Andrea Bjørndalen; Johanna Nilsson; [2015]
    Keywords : Cash Management; Cash Holdings; Hedging; Risk Management; Underinvestment problems; Investment opportunities; Business and Economics;

    Abstract : Due to a globalized market place, risk management has grown in importance and become a central part of firms’ corporate strategies. The incentives for engaging in risk reducing activities revolve around reduced agency costs and exploitation of financial advantages. READ MORE

  6. 20. Is cash still king? – A study of the firm characteristics that determine the cash holding levels of Swedish corporations and the impact of the 2008 financial crisis on corporate cash policies

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Robert Kinnunen; [2015]
    Keywords : Cash holdings; free cash flow theory; GMM estimation; dynamic panel regressions; pecking order hypothesis; Business and Economics;

    Abstract : The purpose of the thesis is to identify the key determinants of corporate liquidity in Swedish firms and whether these have changed in the wake of the 2008 financial crisis. For these means, data obtained from companies listed on the Swedish NASDAQ OMX Stockholm stock exchange are used to estimate a number of dynamic panel regression models in E-Views. READ MORE