The Review and Prospect for Empirical Research on the Cash Holdings of Domestic and Foreign Companies
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摘要: 国内外已有的对上市公司现金持有量的研究,主要围绕公司现金持有量影响因素、公司现金持有量动态调整和公司现金持有价值三个方面展开。文章在综述国内外上市公司现金持有量研究领域的主要学者、主要研究方法及主要研究结论的基础上,对未来的研究提出若干建议。Abstract: The existing domestic and foreign literature of cash holdings focused on the determinants, dynamic adjustment and the value of cash.Based on the literature review, this essay elaborates the important researchers, major research methodology and findings, and further proposes some suggestions for future research.
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Key words:
- cash holdings /
- dynamic adjustment /
- value of cash
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