Firm Diversification and the Value of Corporate Cash Holdings

By Z. Tong. 2011

212 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/a002714ebf1f5ec3c632c8c1a17763e980ad3d29

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Citations in the corpus

Corporate social responsibility and corporate cash holdings (2016, background): “…and Partch, 2003; Pinkowitz et al., 2006; Dittmar and Mahrt-Smith, 2007; Harford et al., 2008), the financial constraint motive (Almeida et al., 2004; Han and Qiu, 2007; Denis and Sibilkov, 2010), the tax motive (Foley et al., 2007), and the diversification motive (Duchin, 2010; Tong, 2011).”
Corporate cash holdings: Causes and consequences (2015, unknown): “In a similar paper, Subramaniam et al. (2011) attribute the lower cash holdings AC C EP TE D M AN U SC R IP T of diversified firms to the complementarity in growth opportunities across the different segments while Tong (2011) associates diversification with lower values of cash.”
Corporate cash holding and firm value (2013, methodology): “Finally, Tong ( 2011 ) studies the effect of firm diversification on the value of corporate cash holdings by employing the Faulkender and Wang's ( 2006 ) methodology to measure the marginal value of cash holdings.”
Cash holdings and employee welfare (2013, unknown): “More recently, new determinants such as product market competition (Haushalter, Klasa, and Maxwell, 2007), corporate diversification (Duchin, 2010; Tong, 2011), R&D smoothing (Brown and Petersen, 2011), intangible capital (Falato, Kadyrzhanova, and Sim, 2012), customer relations (Itzkowitz, 2013),…”
Corporate cash holding and firm value (2010, background): “As we say in the previous section, there are papers that analyze the value and use of cash holdings according to country investor protection (Pinkowitz, Stulz and Williamson, 2006), to corporate financial policies (Faulkender and Wang, 2006), to firm corporate governance (Dittmar and Marth-Smith, 20”