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Keywords: Optimal cash level
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Journal Articles
International Journal of Emerging Markets (2014) 9 (4): 488–504.
Published: 09 September 2014
...Qurat-ul-ann Azmat Purpose – The purpose of this paper is to investigate the relationship between firm value and cash holdings for the period 2003-2008. This study seeks to find if there are costs and benefits associated with holding too much or too little cash, then an optimal cash level exists...
