بررسی تأثیر ریسک ورشکستگی شرکت و نوسانهای سیستماتیک و ویژۀ بازده سهام بر میزان نگهداشت وجه نقد

The managers have different incentives to keep cash in firms. One of their incentives for cash holding is precautionary motives. Based on precautionary motives, and to deal with unexpected financial crisis and the subsequent uncertainties, firms always keep a part of their assets in cash type. This ... View More