The Sensitivity of Corporate Cash Holdings to Corporate Governance

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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).”
Corporate cash holdings: Causes and consequences (2015, unknown): “Chen et al. (2012) argue that this finding is consistent with privately controlled and government controlled enterprises pursuing different objectives i.e. privately controlled firms are more likely to pursue value-maximization while state controlled firms are more likely to pursue social and…”
Economic Policy Uncertainty And Corporate Cash Holdings (2017, unknown): “Regarding the control variables, the results are quite consistent with previous studies that show their significant explanatory powers over the change in cash holdings (Chen et al., 2012).”
Family control and corporate cash holdings: Evidence from China (2015, background): “…families to trade their shares, which significantly improved the alignment between controlling shareholders and minority shareholders (Firth et al., 2009; Beltratti et al., 2011; Chen et al., 2012), and also reduced the incentive for controlling shareholders towards tunneling (Liu and Tian, 2012).”