Internal controls, risk management, and cash holdings
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Corporate Finance"
DOI: 10.1016/j.jcorpfin.2020.101695
Abstract: Abstract Exploiting a unique setting in China where internal controls are intended to manage risks, we investigate how internal controls shape the cash holding policies. Results show that firms with higher internal control quality (ICQ)… read more here.
Keywords: risk management; cash; cash holdings; firms higher ... See more keywords