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Keywords: Asymmetric
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Journal Articles
International Journal of Managerial Finance (2024) 20 (4): 919–939.
Published: 30 October 2023
..., an uncertainty-induced increase in cash holdings contributes to this reduction in inventory investments. Also, the effect of OPU is non-linear and asymmetric. In response to the volatility of positive (negative) oil price changes, inventory investments decrease (increase) up to a certain point and increase...
