The role of cash holdings in reducing investment–cash flow sensitivity: Evidence from a financial crisis period in an emerging market ☆

By Özgür Arslan, Chris Florackis, Aydin Ozkan. 2006

178 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/20269e783db6d627a37ad2edc869641913f6b512

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. R. Duchin
2. Cemil Kuzey
3. O. Ozbas
4. Ali Uyar
5. Berk A. Sensoy
6. Amy K. Dittmar
7. Heitor Almeida
8. Roie Hauser

In Finance

1. R. Duchin
2. O. Ozbas
3. Ali Uyar
4. Cemil Kuzey
5. Berk A. Sensoy
6. Amy K. Dittmar
7. Roie Hauser
8. Kenneth R. Ahern

Citations in the corpus

• Determinants of corporate cash holdings: evidence from the emerging market of Turkey (2014, background): “Moreover, Arslan et al. (2006) argue that developed financial systems can obtain cheaper external funding by mitigating the difficulties associated with market imperfections; thus, this situation leads to more dependency on internally generated funds in developing markets.”
• Costly external finance, corporate investment, and the subprime mortgage credit crisis (2010, background): “Arslan, Florackis, and Ozkan (2006) find evidence consistent with a hedging role of cash for the investment of Turkish firms in the Turkish financial crisis of 2000–2001.”