Peer effects on corporate cash holdings
WebPeer influence on payouts is more pronounced among firms that face greater product market competition and operate in better information environments. With regards to dividends, firms, especially smaller and younger firms, are more sensitive to industry peers that are similar to them in size and age. WebThis research examines corporate cash holdings in Vietnam, an emerging market, and finds reverse peer effects on them - that is, a firm’s level of cash holdings negatively relates to those of its peers. We also note the reverse peer effects are stronger for firms facing less competition and with low intangibility.
Peer effects on corporate cash holdings
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WebNov 22, 2024 · Peer Effects on Chinese Corporate Cash Holdings: A Fixed-effects Model Abstract: Considering the important role of cash holdings and increasing communication … Web國立臺灣大學 財務金融學系暨研究所
WebApr 19, 2024 · We investigate how firms react to their product-market peers’ commitment to and adoption of corporate social responsibility (CSR) using a regression discontinuity design approach. WebThis research examines corporate cash holdings in Vietnam, an emerging market, and finds reverse peer effects on them - that is, a firm's level of cash holdings negatively relates to those of its peers. We also note the reverse peer effects are stronger for firms facing less competition and with low intangibility.
WebPeer Effects on Corporate Cash Holdings. EN. English Deutsch Français Español Português Italiano Român Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Türkçe Suomi Latvian Lithuanian česk ... Web17 rows · May 1, 2024 · This paper examines peer effects on the corporate cash holdings of manufacturing firms in the ... 1.. IntroductionIn this paper, we conduct a comprehensive survey that describes the … 1. Introduction. Corporate cash holding policies play an important role in a firm's … Table 1. Investment-to-price sensitivities: model's predictions. This table … The study of US corporate cash holdings by Opler et al. (1999) shows evidence … Peer firm effects are measured by β, which apprehends the influence of peer firm … We then estimate the following dynamic panel cash holdings model for financially … Table 1. Descriptive statistics and correlations of firm characteristics and … Following Ikenberry, Lakonishok, and Vermaelen (1995), Grullon and Michaely … select article Financial development, inequality, and poverty: Some …
WebMar 9, 2024 · In this paper, we document a positive effect of supplier–customer geographic proximity on supplier innovation. To establish causality, we explore plausibly exogenous variation in proximity caused by customer relocations.
WebSuch effects are also found in corporate precautionary cash holdings (e.g., Hoberg et al. (2014)), corporate investment decisions (e.g., Foucault and Fresard (2014)), and financial ... there are two main potential reasons for the peer effects of corporate social responsibility. Firstly, peer firms are trying to “keep up with the Jones ... how to make pork baoWebAnalysing a large firm-level dataset from 47 countries, we document robust and significant positive peer effects on cash holdings. Specifically, a firm increases cash holdings, on … mtg opening hand calculatorWebCash holdings are an essential element of corporate decision-making. Culture, such as the unique Chinese red culture created by the Communist Party of China during the Revolutionary War, affected corporate economic decisions. This study systematically evaluated the impact of red culture on corporate cash holdings. Based on a theoretical … how to make pork and sauerkraut in a crockpotWeb2.8 Company — means Cellu Tissue Holdings, Inc. and any successor to Cellu Tissue Holdings, Inc. . 2.9 Director — means any member of the Board who is not an employee of the Company or a Parent or Subsidiary or affiliate (as such term is defined in Rule 405 of the 1933 Act) of the Company.. 2.10 Fair Market Value — means for any date (a) the closing … mtg open the armoryWebAug 4, 2024 · This research examines corporate cash holdings in Vietnam, an emerging market, and finds reverse peer effects on them - that is, a firm’s level of cash holdings … mtg opponents can\u0027t gain lifeWebPeer effects on corporate cash holdings @article{Chen2024PeerEO, title={Peer effects on corporate cash holdings}, author={Yi-Wen Chen and Konan Chan and Yuan-Chen Chang}, journal={International Review of Economics \& Finance}, year={2024} } Yi-Wen Chen, Konan Chan, Yuan-Chen Chang; Published 1 May 2024; Business mtg ophidian eyeWebApr 19, 2024 · In addition, peers that have greater difficulty in catching up with the voting firm in CSR experience significantly lower stock returns around the passage, consistent … mtgo player