DO GROUP AFFILIATED AND UNAFFILIATED FIRMS HOLD CASH DIFFERENTLY? THE CASE OF PAKISTAN
Clicks: 70
ID: 97047
2017
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.
Reader Engagement
Emerging Content
20.7
/100
70 views
22 readers
AI Quality Assessment
Not analyzed
Readership in this journal
EmergingRanked #31 of 31 articles by views in annals of the university of oradea: economic science
Most read
Least read
Bar heights use a square-root scale.
Mint this article as an NFT
Not yet mintedCreate 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
Abstract
This study analyses the effect of business group membership on cash holding pattern of affiliated firms listed at Pakistan Stock Exchange from 2009-2014. Group affiliation can increase benefits for affiliated firms by providing an access to internal capital markets, particularly in emerging economies where institutional control is weak and access to external financing is difficult and expensive. Using panel data of public limited group affiliated firms and comparable standalone firms, the empirical results show that group firms hold less cash than standalone firms. The results are in line with the view that access to internal capital markets enables group affiliated firms to manage their operations with low cash reserves.
| Reference Key |
ishtiaq2017doannals
Use this key to autocite in the manuscript while using
SciMatic Manuscript Manager or Thesis Manager
|
|---|---|
| Authors | Ishtiaq, Ahmad; |
| Journal | annals of the university of oradea: economic science |
| Year | 2017 |
| DOI |
DOI not found
|
| URL | |
| Keywords |
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.