Cash Reserves during the Financial Crisis

Autor:
Verfügbarkeit:
Auf Lager.
Artikelnummer:
1104217
  • Produktbeschreibung

    Cash Reserves during the Financial Crisis

    By the end of 2006, the average company in the S&P 500 held approximately 7.9% of its total assets in cash a total amount of 721 billion dollars! Nevertheless, in three years, this figure increased to approximately 1,157 billion dollars. By the end of 2009, the same companies had almost 10% of their total assets invested in cash. This book is dedicated to investigating this increase in cash holdings in the course of only three years, a period that was heavily impacted by a financial crisis. The main objective is to identify what determines a company's decision to enlarge its cash holdings, especially when confronted with an economic downturn. Existing theoretical approaches to explaining cash holdings (such as tradeoff, pecking order and free cash flow theory) are challenged by a data set prone to a severe financial as well as economic crisis.
  • Zusatzinformation

    Autor
    Bindung
    Taschenbuch
    Verlag
    VDM Verlag Dr. Müller
    ISBN / EAN
    9783639344820
  • Sie könnten auch an folgenden Produkten interessiert sein

    Art.Nr. 1901328

    Dolata:Compliance contra Wirtschaftskri

    56,00
    Art.Nr. 1766308

    Freakonomics: A Rogue Economist Explores the Hidden Side of Everything

    13,50
  • 0 Kundenmeinungen

    Schreiben Sie selbst eine Rezension

    Ihre Meinung interessiert uns – und hilft anderen Kunden bei der Auswahl.