THE DETERMINANTS IMPACT ON CASH HOLDING: EVIDENCE FROM THE VIETNAMESE STOCK MARKET

被引:0
|
作者
Do Thi Thanh Nhan [1 ]
机构
[1] Tomas Bata Univ, Fac Management & Econ, Mostni 5139, Zlin 76001, Czech Republic
关键词
Firm Value; cash holding; cash management; AGENCY COSTS; CORPORATE; INVESTMENT; OWNERSHIP; FIRMS;
D O I
10.7441/dokbat.2016.10
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using a sample of 650 listed firms on the Vietnamese stock exchange over the period 2008 to 2015, we examine the factors affect the cash holding. The results find out leverage, cash flow and bank to debt ratio has a negative impact on cash holding while growth, profitability and size influence positive on cash holding. The findings have implications of cash management in the firms.
引用
收藏
页码:105 / 110
页数:6
相关论文
共 50 条
  • [31] INDUSTRY IMPACT OF CARTELS: EVIDENCE FROM THE STOCK MARKET
    Bos, Iwan
    Letterie, Wilko
    Scherl, Nina
    [J]. JOURNAL OF COMPETITION LAW & ECONOMICS, 2019, 15 (2-3) : 358 - 379
  • [32] Determinants of Excess and Deficit Cash Holdings of Firms: Evidence from Emerging Market
    Das, Santanu
    Goel, Utkarsh
    [J]. GLOBAL BUSINESS REVIEW, 2021, 22 (05) : 1202 - 1215
  • [33] STOCK-MARKET EFFICIENCY IN EMERGING MARKETS: EVIDIENCE FROM VIETNAMESE STOCK MARKET
    Do Thi Thanh Nhan
    Le Tuan Bach
    Nguyen Thanh Trung
    [J]. FINANCE AND PERFORMANCE OF FIRMS IN SCIENCE, EDUCATION, AND PRACTICE, 2015, : 204 - 216
  • [34] Google Search intensity and stock returns in frontier markets: Evidence from the Vietnamese market
    Duc, Dang Thi Viet
    Hoai, Nguyen Thu
    Nguyen, Van Phuoc
    Nguyen, Dang Phong
    Anh, Nguyen Huong
    Hai, Ho Hong
    [J]. ECONOMICS AND BUSINESS REVIEW, 2024, 10 (01) : 30 - 56
  • [35] CEO duality, state shareholder and CEO turnover: Evidence from Vietnamese stock market
    Quoc Trung Tran
    Xuan Minh Nguyen
    Tien Hoang Nguyen
    [J]. BUSINESS AND ECONOMIC HORIZONS, 2016, 12 (03) : 113 - 120
  • [36] The impact of opportunity factors on fraudulent behavior in the Vietnamese stock market
    Thi Thu Cuc Nguyen
    Thi Hoai Phuong Nguyen
    Thi Bich Thuy Nguyen
    Selvarajan, Sonia Kumari
    Baskaran, Angathevar
    [J]. JOURNAL OF ASIAN ECONOMICS, 2022, 79
  • [37] Corporate Social Responsibility and the Value of Cash Holdings: Evidence from the Korean Stock Market
    Choi, Hyunjung
    Ryu, Haeyoung
    [J]. SUSTAINABILITY, 2021, 13 (22)
  • [38] The effect of stock market liberalization on corporate cash savings sensitivity: Evidence from China
    Chen, Yulin
    Han, Haozhe
    Shen, Xieyang
    Zeng, Jianyu
    [J]. INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2023, 88 : 1247 - 1271
  • [39] Optimal level, Partial Speed of Adjustment and Determinants of Corporate Cash Holding: Evidence from MENA Countries
    Raghibi, Abdessamad
    Cuong Nguyen Thanh
    Oubdi, Lahsen
    [J]. INDONESIAN CAPITAL MARKET REVIEW, 2021, 13 (01) : 48 - 60
  • [40] The impact of European antitrust policy: Evidence from the stock market
    Guenster, Andrea
    van Dijk, Mathijs
    [J]. INTERNATIONAL REVIEW OF LAW AND ECONOMICS, 2016, 46 : 20 - 33