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    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/59240


    Title: 2008金融海嘯前後現金持有跟負債量之探討
    Cash Holdings and Debt Levels Before and After 2008 Financial Crisis
    Authors: 鍾志宏
    Contributors: 謝淑貞
    鍾志宏
    Keywords: 金融海嘯
    Date: 2012
    Issue Date: 2013-09-02 15:18:45 (UTC+8)
    Abstract: This thesis investigates how cash holdings of large and small firms in the U.S. change before and after the 2008 financial crisis. We also try to capture the determinants that cause the changes of cash holdings. Our conclusions show that debts of large and small firms are rising before and after the 2008 financial crisis and that cash holdings are better explained by debts comparatively than D/A because they are different conceptions in mathematic expressions.
    Reference: Almeida, Heitor, Murillo Campello, and Michael S. Weisbach, 2004, The Cash Flow Sensitivity of Cash, Journal of Finance 59, 1777-1804.

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    Acharya, Viral A, Heitor Almeida, and Murillo Campello, 2007, Is Cash Negative Debt? A hedging perspective on corporate financial policies, Journal of Financial Intermediation 16, 515-554.

    Dittmar, Amy, Jan Mahrt-Smith, and Henri Servaes, 2003, International corporate governance and corporate cash holdings, Journal of Financial and Quantitative Analysis 38, 111-133.

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    Han, Serngjin, and Jiaping Qui, 2007, Corporate precautionary cash holdings, Journal of Corporate Finance 13, 43-57.

    Foley, C. Fritz, Jay Hartzell, Sheridan Titman, and Garry J. Twite, 2007, Why do firms hold so much cash? A tax-based explanation, Journal of Financial Economics 86, 579-607.
    Description: 碩士
    國立政治大學
    國際經營與貿易研究所
    100351002
    101
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G1003510022
    Data Type: thesis
    Appears in Collections:[國際經營與貿易學系 ] 學位論文

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