Neglected disciplinary effects of investor relations: evidence from corporate cash holdings
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DOI: 10.1007/s11573-016-0818-4
Abstract: We examine whether, and how, investor relations (IR) quality affects managerial malfeasance by exploring the potential effects on the value, accumulation, and uses of cash holdings. Using European data, we find that an increase in… read more here.
Keywords: quality; cash; propensity firms; cash holdings ... See more keywords