Economic policy uncertainty and corporate cash holdings: the moderating role of country-level of corruption and uncertainty avoidance
Küçük Resim Yok
Tarih
2024
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Routledge Journals, Taylor & Francis Ltd
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
This paper investigates the relationship between economic policy uncertainty and corporate cash holdings using data from seven emerging countries for the 2010-2018 period. Empirical results show that firms tend to hold more cash when EPU is high. Moreover, this positive relationship is stronger in countries with better control of corruption and in high uncertainty avoidance cultures. Results are robust to different measures of cash holdings and EPU.
Açıklama
Anahtar Kelimeler
Economic Policy Uncertainty, Control Of Corruption, Uncertainty Avoidance, Corporate Cash Holdings
Kaynak
Applied Economics Letters
WoS Q Değeri
N/A
Scopus Q Değeri
Q2
