How firms manage their cash flows: an examination of diversification’s effect
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DOI: 10.1007/s11156-016-0565-1
Abstract: We extend recently documented evidence that diversified firms hold significantly less cash than specialized firms to consider differences in how diversified and specialized firms adjust their cash flows to achieve their target cash balance. We… read more here.
Keywords: cash; cash flows; firms manage; finance ... See more keywords
Do Firms Manage Their Credit Ratings? Evidence from Rating-Based Contracts
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DOI: 10.2308/acch-52213
Abstract: SYNOPSIS This paper examines whether firms with rating-based performance-priced loan contracts (PPrating firms) manage cash flow from operations (CFO) and accruals to obtain better firm credit rati... read more here.
Keywords: manage credit; credit ratings; firms manage; rating based ... See more keywords