Corporate precautionary cash holdings
By Seungjin Han, Jiaping Qiu. 2007
870 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/35f24fdc6e548ac712b3165f792f9e17ad5f392b
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- A. Cheung
- Ross Brown
- Berardino Palazzo
- A. Rocha
- Mohamed Ghaly
- R. D. McLean
- K. Song
- Madhu Veeraraghavan
In Finance
- A. Cheung
- Berardino Palazzo
- Mohamed Ghaly
- R. D. McLean
- K. Song
- Madhu Veeraraghavan
- A. Rocha
- Tsung-Han Kuan
Citations in the corpus
- Did you save some cash for a rainy COVID-19 day? The crisis and SMEs (2020, background): “Here, we draw support from Han and Qiu (2007) who augmented consumer theories of precautionary saving and developed a model to explain corporate precautionary savings which drew on the core elements of consumer models of precautionary saving based on income smoothing over the life-cycle (see, for…”
- Does board gender diversity affect corporate cash holdings? (2019, neutral): “The operational requirements for holding cash, also known as the precautionary motive, occur when cash holdings are seen as a means for saving transaction costs and for shielding against future funding and underinvestment risk (Han & Qiu, 2007; Bates, Kahle, & Stulz, 2009).”
- Costly External Financing, Investment Timing, and Investment-Cash Flow Sensitivity (2007, methodology): “3 A somewhat similar three-date setup is used in a recent paper by Han and Qiu (2007) , who examine the effects of cash”
- Corporate Financial and Investment Policies when Future Financing is Not Frictionless (2011, neutral): “Han and Qiu (2006) use those same measures of …nancing constraints to show”
- Cash Holdings and R&D Smoothing (2011, neutral): “Both ACW (2004) and Han and Qiu (2007) show that under plausible conditions it is optimal for constrained firms hold cash reserves to enhance the firm’s ability to undertake future investment, and AAC (2007) sho that firms with “high hedging needs” will use cash holdings rather than debt capacity…”
- Corporate social responsibility and corporate cash holdings (2016, methodology): “, 2008), the financial constraint motive (Almeida et al., 2004; Han and Qiu, 2007; Denis and Sibilkov, 2010), the tax motive (Foley et al.”
- Corporate governance and cash holdings: A quantile regression approach (2012, background): “From the precautionary and transaction motive viewpoint, firms accumulate cash to meet their unanticipated contingencies if the costs of other financing resources are high (Bernstein, 1994; Han & Qiu, 2007).”
- Share Issuance and Cash Savings (2011, background): “1 The precautionary motive for cash savings is further studied by Holmstrom and Tirole (1996, 1998), Opler, Pinkowitz, Stulz, and Williamson (1999), Mikkelson and Partch (2003), Almeida, Campello, and Weisbach (2004), Acharya, Almeida, and Campello (2007), Han and Qiu (2007), Haushalter, Klasa, and ”
- National Culture and Corporate Cash Holdings around the World (2015, background): “…2007; Harford et al., 2008; Harford, 1999; Gao et al., 2013); (iv) the financial constraint motive (Almeida et al., 2004; Khurana et al., 2006; Han and Qiu, 2007; Denis and Sibilkov, 2010); (v) the tax motive (Foley et al., 2007); (vi) the diversification motive (Duchin, 2010); and (vii) the…”
- Cash holdings, risk, and expected returns (2012, background): “…of optimal cash holdings are Huberman (1984), Almeida, Campello, and Weisbach (2004), Nikolov and Morellec (2009), Acharya, Almeida, and Campello (2007), Han and Qiu (2007), Asvanunt, Broadie, and Sundaseran (2010), Acharya, Davydenko, and Strebulaev (2011), and Bolton, Chen, and Wang (2011).”