Institutional Development, State Ownership and Corporate Cash Holdings: Evidence from China
This study examines how institutional development and state ownership influence corporate cash holdings among Chinese firms. The empirical results reveal that firms in provinces with more developed institutions (non-state-controlled firms) hold more (less) cash reserves than those in provinces with...
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| Main Authors: | , , |
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| 格式: | text |
| 語言: | English |
| 出版: |
Institutional Knowledge at Singapore Management University
2015
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| 主題: | |
| 在線閱讀: | https://ink.library.smu.edu.sg/soa_research/1374 http://dx.doi.org/10.1016/j.jbusres.2014.06.023 |
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| 機構: | Singapore Management University |
| 語言: | English |