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CORPORATE CASH HOLDINGS AND FIRM VALUE – EVIDENCE FROM CHINESE INDUSTRIAL MARKET

Resource type
Graduating extended essay / Research project
Date created
2014-12
Authors/Contributors
Author: Cao, Lixian
Author: Chen, Chen
Abstract
This paper studies the effect of cash holding on firm value for a sample of Chinese industrial firm during 2010-2013. The study tests the existence of a linear relationship between cash holding and firm value. Then the study tests if a quadratic relationship exists. The results show that a linear relationship exists, and a quadratic relationship is not proved to exist between cash holding and firm value for Chinese industrial companies.
Description
MSc in Finance Project-Simon Fraser University

Keywords

Copyright statement
Copyright is held by the author(s).
Permissions
You are free to copy, distribute and transmit this work under the following conditions: You must give attribution to the work (but not in any way that suggests that the author endorses you or your use of the work); You may not use this work for commercial purposes.
Scholarly level
Graduate student (Masters)
Peer reviewed?
No
Language
English
Member of collection
Beedie School of Business: Segal Graduate School Final Projects
Download file Size
Lixian and Chen.pdf 1.26 MB

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