... a number of alternative definitions of financial constraints, and incorporates new methods and tests suggested by Welch (2020 ), Almeida et al. (2010 ), and Grieser and Hadlock (2019 ). The original empirical findings are robust to these alternative specifications. * The programs used...

... Joseph T. Halford, John J. McConnell, Valeriy Sibilkov, and Nataliya Zaiats Licensed re-use rights only Cash Cash policies Value of cash Corporate governance Financial constraints Dual-class firms CEO compensation G32 G34 To study whether cash holdings create or destroy value...