- Rupture de stock
Availability: Out of stock
Société Editions ESKA
Cash Holdings, Working Capital and Firm Value: [extrait BMI 132]
- Donnez votre avis
50,00 €
TTC
Version numérique PDF
The importance of short-term financial decisions to a company?s value is considered in this paper by testing whether an extra euro invested in cash or in net working capital is valued at less than one euro. By running panel data regressions, the presented evidence proves that shareholders undervalue cash holdings and net working capital. The results of this paper alert management not to underestimate the importance of cash holdings and working capital management; moreover, the results encourage investors to follow a company?s actions in this area to maximise their returns on investment.JEL Codes: G30.Keywords: Cash Holdings, Profitability ; Stock Return ; Working Capital.Auteurs :Autukaite Ruta
Extrait de la revue BMI 132
BMI132-1118860
Nouveau
16 autres produits dans la même catégorie :
![Edito [extrait BMI 129]](https://eska-publishing.com/10888-home_default/edito-extrait-bmi-129-.jpg)
Availability: Out of stock
Availability: Out of stock
Availability: Out of stock
Availability: Out of stock
Availability: Out of stock
Sommaire
The Paulson Plan: Who Are the Winners?
- A Partial Equilibrium Model of the Convenience Yield Risk Premium of Storable Commodities
- Raising Companies’ Profi le with Corporate Social Performance
- Does Employee Ownership Really Boost Performance?
- Islamic Equity Indices: Insight and Comparison with Conventional Counterparts
- Market microstructure in practice
Availability: Out of stock
Sommaire
Articles
- What Maximum Fees Should Investors Pay to Active Fund Managers?
- How does the Market Price of the Corporate Sponsor React to Socially Responsible Fund Introductions?
- Pricing, Hedging and Assessing Risk in a General Lévy Context
- The Performance Implications of Business Group Affi liation for Small Businesses
- Introducing to Risk Parity and Budgeting