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Keywords: Information-based theory
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Journal Articles
A matter of others' money: How cash holdings of other firms affect a firm’s cash holding?
Available to Purchase
International Journal of Emerging Markets (2023) 18 (10): 3954–3972.
Published: 21 December 2021
... in developed markets and propose adjusted explanations for the rivalry- and information-based theories. The findings add substantial knowledge to corporate finance by arguing that CH policies are based on peer firms' strategic moves. Trade-off theory states that managers consider costs and benefits when...
