Relevance of high and low cash holdings by corporations in Malaysia and Korea to efficiency, valuation and risks
Cash is the most liquid asset in any firm’s balance sheet and is seen as a very important component in facilitating day-to-day business transactions in firms. Prior studies have examined the appearance of agency costs in firms which hold large amounts of cash, suggesting several solutions to mitigat...
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Format: | Thesis |
Language: | English |
Published: |
2015
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Online Access: | http://psasir.upm.edu.my/id/eprint/66494/1/FEP%202015%2023%20IR.pdf |
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