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Published in 2017 at "Review of Quantitative Finance and Accounting"
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…
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Keywords:
cash;
cash flows;
firms manage;
finance ... See more keywords