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Keywords: Labor adjustment costs
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Journal Articles
Journal:
China Accounting and Finance Review
China Accounting and Finance Review (2023) 25 (1): 54–74.
Published: 18 October 2022
... highlights the role of human resource heterogeneity in determining firms’ cash policies. This paper adds to the understanding of labor adjustment costs within the firm and provides insights into firms’ cash-holding decisions. By human resource heterogeneity, we refer to the dissimilarity between...
