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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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2017
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| Subjects: | |
| 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 |