Peer effects on corporate cash holdings

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August undefined, 2024

WebAug 23, 2014 · • The peer firm effect on cash holdings is not only directly through channel of peer firms’ cash holdings, but also indirectly through their competitors' characteristics. • Firms that are financially constrained and have higher R&D expenditures tend to mimic cash holdings of their rivals. 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.

Peer Effects of Corporate Social Responsibility Management …

WebFeb 2, 2012 · We find that the increase in cash holdings is not explained by changes in firm characteristics but by changes in the firms’ demand function for cash, which indicates that the crisis has systematically changed the firms’ cash-holding policies. WebMar 18, 2024 · This content analysis of scantily available peer effect literature has been performed to highlight the significance of peer effects in financial decision making like investment, cash... frozen living room

Peer influence on payout policies - Research Papers in Economics

WebFeb 20, 2024 · Cash holdings ; Peer effects ; Information asymmetry: 日期: 2024-05: 上傳時間: 2024-02-20 14:30:10 (UTC+8) 摘要: This paper examines peer effects on the corporate cash holdings of manufacturing firms in the U.S. market. Responding to possible preemptive moves by rivals using their cash holdings, we hypothesize that managers consider ... WebPeer Effects on Corporate Cash Holdings. EN. English Deutsch Français Español Português Italiano Român Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia … Web1 day ago · First, we add to the literature on the information resource of peer effects by examining the impact of peers' MD&A tone on corporate cash holdings. Although peer effects have been well documented in a wide range of studies on corporate decision-making, there is limited empirical evidence on the incremental information effect of peers' … frozen lizards falling out of trees

The institutional determinants of peer effects on corporate cash holdings

Peer effects on corporate cash holdings: evidence …

Web國立臺灣大學財務金融學系暨研究所 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. frozen lizard coloring pageWeb17 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 … frozen llama ducky one two mini

"WebDec 21, 2024 · This study examines the effects of comparable companies, within the same industry, on cash-holding (CH) levels of a specific firm in the Stock Exchange of Thailand (SET). Peer effects are hypothesized to affect a firm's average CH levels. Design/methodology/approach The authors use data of listed firms in the Thai stock … " - Peer effects on corporate cash holdings

Peer effects on corporate cash holdings

WebThe peer firm effect on cash holdings is not only channel through directly by peer firm’s average 3 cash holdings, but also indirectly affected by rival’s characteristics such as … 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 ...

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WebJan 17, 2024 · U.S. non-financial corporations are sitting on just over $4 trillion dollars in cash, according to the latest Flow of Funds estimates, up from $2.7 trillion a decade ago … WebFeb 1, 2024 · This paper examines peer effects on the corporate cash holdings of manufacturing firms in the U.S. market. Responding to possible preemptive moves by …

WebJul 30, 2024 · This research examines the peer effects on cash holdings in Vietnam, an emerging market, and finds a reverse peer effect on them - that is, a firm’s level of cash … WebThis paper examines peer effects on the corporate cash holdings of manufacturing firms in the U.S. market. Responding to possible preemptive moves by rivals using their cash …

WebThe peer firm effect on cash holdings is not only channel through directly by peer firm’s average 3 cash holdings, but also indirectly affected by rival’s characteristics such as average industry firm size, dividend payout ratio and acquisition expenditures. 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 …

WebOct 1, 2024 · Peer effects in disclosure are more pronounced when a firm's strategic uncertainty is higher, indicating that peer firm disclosure reduces the external uncertainty arising from the firm's...

WebAnalysing 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 average, by 5%-7% in response to a one standard deviation increase in … frozen llama mouseWeb1 day ago · Chen et al. (2024) find peer effects on corporate cash holdings in the U.S. context but fail to investigate the information source from which peer effects occur. Corporate cash decisions need to be carefully determined by combining the external environment with the company's financial situation. Firms can hardly adapt to the … giant st loWebMar 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. giant stocking hobby lobbyWeb2.8 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 … giant stockings costcoWebEX-10.2 6 dex102.htm ANNUAL EXECUTIVE BONUS PROGRAM Annual Executive Bonus Program . Exhibit 10.2 . CELLU TISSUE HOLDINGS, INC. ANNUAL EXECUTIVE BONUS PROGRAM § 1 . PURPOSE . The purpose of the Program is to give each Participant the opportunity to receive an annual bonus for each Fiscal Year payable in cash if, and to the … giant stockings in waco txWebPeer 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. giant stockings personalizedWebPeer 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 ... giant stockings with entry box