The choice of corporate liquidity and corporate governance

By Hayong Yun. 2009

206 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/31b23425ec651cf8b6988185c2d208cca7a348f0

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Citations in the corpus

The Market for Corporate Control and the Cost of Debt (2009, methodology): “Using historical data on state of incorporation from Compact Disclosure, Yun (2007) shows that about one percent of his sample rms changed their state of incorporation during a 14-year sample period.”
What Drives Corporate Liquidity? An International Survey of Cash Holdings and Lines of Credit (2010, unknown): “As illustrated in recent papers by Sufi (2009) and Yun (2009) using U.S. data, there is substantial reliance on lines of credit as a source of liquidity relative to cash.”
Corporate Liquidity Management: A Conceptual Framework and Survey (2014, unknown): “(Other such examples are Yun 2009; Farre-Mensa 2011; Ostergaard, Sasson & Sorensen 2010.)”
Credit Lines as Monitored Liquidity Insurance: Theory and Evidence (2012, unknown): “There is a growing empirical literature on the role of credit lines in corporate finance (Sufi (2009), Yun (2009), Acharya, Almeida and Campello (2009), Lins, Servaes, and Tufano (2010), Campello, Giambona, Graham, and Harvey (2010), and Disatnik, Duchin, and Schmidt (2010)).”
Corporate cash holdings: Causes and consequences (2015, unknown): “Therefore, short term investments are not simply a store of excess cash, but an 9 A strand in the literature studying firms’ liquidity choices defines total liquid assets as the sum of cash holdings and bank credit lines (e.g. Yun, 2009; Elyasiani and Zhang, 2015).”
Corporate social responsibility and corporate cash holdings (2016, background): “This also suggests that (mv)/(cash) can be negative if b1*cash takes any value less than -3.472. and Mahrt-Smith, 2007; Yun, 2009; Chen et al., 2012).”
Cash Holdings, Competition, and Innovation (2016, unknown): “Another important source of liquidity is credit lines (e.g., Sufi (2009), Yun (2009), Lins, Servaes, and Tufano (2010), Colla, Ippolito, and Li (2013), and Acharya, Almeida, Ippolito, and Perez (2014)).”
Playing It Safe? Managerial Preferences, Risk, and Agency Conflicts (2016, background): “We show that the failure to detect this 3 For example, Garvey and Hanka (1999) find that firms reduce their leverage; Yun (2009) finds that firms increase their cash holdings relative to lines of credit; Francis, Hasan, John, and Waisman, (2010) find that bond values increase; and Atanassov (2013)…”
Liquidity Management and Corporate Investment During a Financial Crisis (2011, unknown): “2Sufi (2009), Lockhart (2009), and Yun (2009) also look at drawdowns, however, their samples are limited to public U.S. corporations.”