Multinational firms and cash holdings: Evidence from China

Multinational firms and cash holdings: Evidence from China

To adapt to globalization, Chinese multinational firms have more exploitation of cash. This paper shows that Chinese multinational corporations (MNCs) do not hold significantly more cash relative to domestic firms unless these multinationals heavily relay on the foreign sales. In addition, the multi...

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Bibliographic Details
Main Authors: WU, Weijun, YANG, Yang, ZHOU, Sili
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2017
Subjects:
Cash holdings
Multinationals
SOEs
China
Asian Studies
Corporate Finance
International Business
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/5319
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6318/viewcontent/1_s20_S1544612316301805_main.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/lkcsb_research/5319
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6318/viewcontent/1_s20_S1544612316301805_main.pdf

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