Internationalization and Corporate Cash Holdings: Evidence from Brazil and Mexico

Clicks: 266
ID: 97046
2015
Free PDF
Article Quality & Performance Metrics
Overall Quality
Not rated
Combines reader engagement with the AI quality analysis. This article has not been analysed, so there is no overall score — reader engagement is measured and shown alongside.
AI Quality Assessment
Not analyzed
Readership in this journal
Steady

Ranked #3 of 3 articles by views in rac: revista de administração contemporânea

Most read Least read

Bar heights use a square-root scale.

Mint this article as an NFT
Not yet minted

Create a permanent, verifiable on-chain record of this article on the Scimatic Network. The NFT is held in your Journament account, and you can withdraw it to your own wallet at any time.

5 SUSD one-off · no wallet required
Sign in to mint
Abstract
This research expands on previous studies of cash holdings and their determinants by studying the relationship between the degree of internationalization and the level of corporate cash holdings. We used a sample of nonfinancial, publicly traded companies from Brazil and Mexico for the period from 2006 to 2010. Our results suggest that the degree of internationalization is a determinant of cash, and that cash holding increases quadratically as the degree of company internationalization grows. Such behavior was different from the North American company studies in Chiang and Wang (2011). Similar to previous studies, both Trade-off and Pecking Order predictions are relevant control variables in our model. Finally, companies held less cash on their balance sheets during the precrisis period.
Reference Key
arata2015internationalizationrac Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors Arata, Newton;Sheng, Hsia Hua;Lora, Mayra Ivanoff;
Journal rac: revista de administração contemporânea
Year 2015
DOI
DOI not found
URL
http://www.anpad.org.br/periodicos/arq_pdf/a_1579.pdf
Keywords
business economics as a science finance management. industrial management accounting. bookkeeping

Citations

No citations found. To add a citation, contact the admin at info@scimatic.org

Comments

No comments yet. Be the first to comment on this article.