Corporate Liquidity Management: A Conceptual Framework and Survey

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Corporate cash holdings: Causes and consequences (2015, unknown): “The framework proposed by Almeida et al. (2004) on saving propensities was employed by several theoretical and empirical studies to examine external finance constraints(7). For example, Han and Qiu (2007) examine the impact of cash flow volatility on the link between cash holdings and financial cons”
Cash holdings and labor heterogeneity:the role of skilled labor (2017, unknown): “Existing studies identify a number of factors affecting cash management policies (e.g., Opler et al. 1999; Bates, Kahle, and Stulz 2009; Azar, Kagy, and Schmalz 2016); see Almeida et al. (2014) for a recent survey of the literature.”
Family control and corporate cash holdings: Evidence from China (2015, background): “…but recent studies have found that in emerging markets controlling families have strong incentive to pursue private benefit and expropriate minority 1 See, for example, Duchin (2010); Denis and Sibikov (2010); Bates et al. (2009); Opler et al. (1999); and Kim et al. (1998); Almeida et al. (2013).”
Precautionary Savings with Risky Assets: When Cash Is Not Cash (2016, unknown): “Starting with Keynes (1936), and extending through the models of Baumol (1956), Miller and Orr (1968), and more recently, Kim et al. (1998) and Almeida et al. (2013), most theoretical treatment begins with this primary objective of securing financing when the firm may not have sufficient funds to…”