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Investigating the Effect of Firms’ Bankruptcy Risk and Stock Returns’ Systematic and Idiosyncratic Volatilities on Cash Holding

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...

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Detalhes bibliográficos
Autor principal: Abbas Aflatooni
Formato: Artigo
Idioma:Persa
Publicado em: University of Tehran 2015-03-01
coleção:بررسی‌های حسابداری و حسابرسی
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Acesso em linha:https://acctgrev.ut.ac.ir/article_53666_0aaf3104aed33d5f827c2cc750593e32.pdf
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