| Reference: | 壹、中文部分
李智蕙，2008，現金持有率、公司價值與公司治理之關連性--台灣上市櫃公司實證研究，國立政治大學會計研究所。
林秀玲，2004，現金持有與經營績效，朝陽科技大學財務金融所。
胡偉哲，2012，為什麼台灣公司的現金比率逐年增加?，國立中央大學財務金融所。
黃俊傑，2010，公司現金持有的決定因素探討---以台灣市場為例，國立中正大學財務金融所。
雲國華，2007，公司治理與現金持有關聯之研究－台灣上市公司之實證，中原大學國際貿易所。
劉淑雯，2012，台灣企業股份發行與現金保留之研究，國立台灣大學財務金融學
研究所。
賴文盛，2004，融資順位理論之再研究－以台灣上市、上櫃公司為例，朝陽科技大學財務金融所。
謝明諺，2011，股票市場發展對企業現金持有決策之探討，國立政治大學財務管理研究所。
貳、英文部分
Acharya, V. V., Almeida, H., and Campello, M., 2007, Is cash negative debt? a hedging perspective on corporate financial policies., Journal of Financial Intermediation, 16(4):515-554.
Almeida, H., Campello, M., and Weisbach, M. S., 2004, The cash flow sensitivity of cash., The Journal of Finance, 59(4):1777-1804.
Almeida, H., M. Campello, and M. Weisbach, 2004, The cash flow sensitivity of cash., Journal of Finance 59, 1777-1804.
Ang, J. and Smedema, A., 2011, Financial Flexibility: Do firms prepare for recession?, Journal of Corporate Finance, 17(3):774 -787.
Autore, D., and T. Kovacs, 2009, Equity Issues and Temporal Variation in Information Asymmetry., Journal of Banking and Finance 34, 12–23.
A. V. Kalinin, 2012, Cash Holdings of EU Firms., Working paper, Tilburg School of Economics and Management.
Bates, T. W., Kahle, K. M., and Stulz, R. M., 2009, Why do u.s. firms hold so much more cash than they used to?, Journal of Finance, 64(5):1985-2021.
Baum, Christopher F., Mustafa Caglayan and Neslihan Ozkan, 2004, The second moments matter: the response of macroeconomic uncertainty on bank lending behavior., University of Leicester WP No. 04/13;Boston College WP No. 521.
Bharat, S., P. Pasquariello, and G. Wu, 2008, Does Asymmetric Information Drive Capital Structure Decisions?, Review of Financial Studies 22, 3211-43.
Chen, N., and Mahajan. A., 2010, Effects of Macroeconomic Conditions on Corporate Liquidity International Evidence International Research., Journal of Finance and Economics35, 1450-2887.
Denis, D. J. and Sibilkov, V., 2009, Financial constraints, investment, and the value of cash holdings., Review of Financial Studies, 23(1):247-269.
Denis, D.J., Sibilkov, V., 2010, Financial constraints, investment, and the value of cash holdings., Review of Financial Studies 23, 247-269.
Dittmar, A., Mahrt-Smith, J., and Servaes, H., 2003, International corporate governance and corporate cash holdings., The Journal of Financial and Quantitative Analysis, 38(1):111.
Dittmar, A., and J. Mahrt-Smith, 2007, Corporate Governance and the Value of Cash Holdings., Journal of Financial Economics 83, 599-634.
Easterbrook, F. H., 1984, Two agency-cost explanations of dividends., The American Economic Review, 74(4):pp. 650-659.
Fama, Eugene F., and Kenneth R. French, 2002, Testing trade-off and pecking order predictions about dividends and debt., Review of Financial Studies 15, 1–33.
Faulkender, Michael, 2002, Cash holdings among small businesses., Northwestern University, unpublished working paper.
Frank, M. Z. and Goyal, V. K., 2003, Testing the pecking order theory of capital structure., Journal of Financial Economics, 67(2):217-248.
Fritz Foley, C., Hartzell, J. C., Titman, S., and Twite, G., 2007, Why do firms hold so much cash? a tax-based explanation., Journal of Financial Economics, 86(3):579-607.
Guney, Y., Ozkan, A. and N. Ozkan, 2007, International Evidence on the Non-linear Impact of Leverage on Corporate Cash Holdings., Journal of Multinational Financial Management 17, 45-60.
Han, S. and Qiu, J., 2007, Corporate precautionary cash holdings., Journal of Corporate Finance, 13(1):43-57.
Harford, J., 1999, Corporate cash reserves and acquisitions., The Journal of Finance, 54(6):pp. 1969-1997.
Harford, J. and Li, K., 2007, Decoupling ceo wealth and firm performance: The case of acquiring ceos., The Journal of Finance, 62(2):917-949.
Harford, Jarrad, Sattar Mansi, and William Maxwell, 2008, Corporate governance and a firm’s cash holdings., Journal of Financial Economics 87, 535-555.
Haushalter, David, Sandy Klasa, and William Maxwell, 2007, The influence of product market dynamics on the firm’s cash holdings and hedging behavior., Journal of Financial Economics 84, 797-825.
Jensen, M.C., Meckling, W.H., 1976, Theory of the firm: Managerial behavior, agency costs and ownership structure., Journal of Financial Economics 3, 305-360.
Jensen, M. C., 1986, Agency costs of free cash flow, corporate finance, and takeovers., American Economic Review, 76(2):323-29.
Kim, Chang-Soo, David Mauer, and Ann Sherman, 1998, The Determinants of Corporate Liquidity: Theory and Evidence., Journal of Financial and Quantitative Analysis 33, 335-359.
Kusnadi, Y., & Wei, K.C., 2011, The determinants of corporate cash management policies: Evidence from around the world., Journal of Corporate Finance, 17(3): 725-740.
Leary, M. T. and M. R. Roberts, 2007, The Pecking Order, Debt Capacity, and Information Asymmetry, University of Pennsylvania working paper.
Lins, K., Kalcheva, I, 2004, International Evidence on Cash Holdings and Expected Managerial Agency Problems., ECGI Working Paper.
McLean, R. D., 2011, Share issuance and cash savings., Journal of Financial Economics 99, 693-715.
Miller, M. H. and Orr, D., 1966, A model of the demand for money by _rms., Quarterly Journal of Economics, 80(3):413-435.
Mikkelson, Wayne, and Megan Partch, 2003, Do persistent large cash reserves hinder performance., Journal of Financial and Quantitative Analysis 38, 275-294.
Mulligan, C.B., 1997, Scale economies, the value of time, and the demand for money: longitudinal evidence from firms., Journal of Political Economy 105, 1061-1079.
Myers, S. C. and Majluf, N. S., 1984, Corporate financing and investment decisions when firms have information that investors do not have., Journal of Financial Economics, 13(2):187-221.
Myers, S. C., and R. G. Rajan, 1998, The paradox of liquidity., Quarterly Journal of Economics 108, 733-771.
Opler, T., Pinkowitz, L., Stulz, R., and Williamson, R., 1999, The determinants and implications of corporate cash holdings., Journal of Financial Economics, 52(1):3-46.
Pinkowitz, Lee, and Rohan Williamson, 2004, What is a dollar worth? The market value of cash holdings., Working paper, Georgetown University.
Pinkowitz, Lee, Ren´e M. Stulz, and Rohan Williamson, 2006, Do firms in countries with poor protection of investor rights hold more cash?, Journal of Finance 61, 2725–2751.
Shyam-Sunder, L., Myers, S.C., 1999, Testing static trade-off against pecking order models of capital structure., Journal of Financial Economics 51, 219-244.
S. Schuite, 2012, Cash Holdings in German Firms., Working paper, Tilburg University.
Stulz, R. M., 2007, The limits of financial globalization., Journal of Applied Corporate Finance, 19(1):8-15.
Subramaniam, V., Tang, T. T., Yue, H., and Zhou, X., 2011, Firm structure and corporate cash holdings., Journal of Corporate Finance, 17(3):759-773. |
