International Corporate Governance and Corporate Cash Holdings

By Amy K. Dittmar, Jan Mahrt-Smith, Henri Servaes. Journal of Financial and Quantitative Analysis, 2003

1,661 citations recorded by the source corpus.

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Citations in the corpus

Corporate Governance, Norms and Practices (2009, neutral): “A few papers, such as La Porta et al. (2002), Klapper and Love (2004), Dittmar et al. (2003), and Durnev and Kim (2005) assess the relationship between corporate governance and firm performance in an international context, but none of these papers uses information from the company’s bylaws and…”
Why Do Firms Hold Cash? Evidence from EMU Countries (2003, neutral): “However, we do not confirm the Dittmar et al. (2003) evidence that the level of capital markets development has a positive impact on cash holdings.”
Corporate social responsibility and corporate cash holdings (2016, methodology): “…definition of firm cash holdings, the ratio of the firm’s cash and cash equivalents divided by its book value of net assets (i.e., CHE/(AT - CHE)) and regress the alternative measure on CSR. Opler et al. (1999), Dittmar et al. (2003), and Bates et al. (2009) have used this alternative measure.”
The taxman cometh: Does tax uncertainty affect corporate cash holdings? (2017, neutral): “Consistent with this theory, prior literature has found that firms hold more cash in countries with greater agency problems (Dittmar et al. 2003), cash is worth less when agency problems are more severe (Faulkender and Wang 2006; Dittmar and Mahrt-Smith 2007; Pinkowitz et al.”
Payout Policy Through the Financial Crisis: The Growth of Repurchases and the Resilience of Dividends (2015, critical): “Similar to Edgerton (2013), our evidence casts doubt on the argument that JGTRRA had an important effect on dividends.”
Financial Strength and Product Market Behavior: The Real Effects of Corporate Cash Holdings (2010, neutral): “…important facets of the 3 Several studies investigate the determinants of cash holdings; see for instance Kim et al. (1998), Opler et al. (1999), Dittmar et al. (2003), Hartzell et al. (2007), Haushalter et al. (2006), Bates et al. (2007), Capkun and Weiss (2007). impact of corporate cash…”
Sheltering Corporate Assets from Political Extraction (2013, methodology): “not identical to, those used by Dittmar et al. (2003) and Kalcheva and Lins (2007). We use these proxies because they are available for a larger set of countries although we later”
The governance role of multiple large shareholders: evidence from the valuation of cash holdings (2011, neutral): “As public firms around the world are generally not widely held but rather are controlled by large shareholders (La Porta et al. 1999), a second generation of research focused on the conflicts between controlling owners and minority shareholders (e.g., Denis and McConnell 2003; Shleifer and Vishny ”