Cash holdings, risk, and expected returns

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A Comparison of New Factor Models (2017, unknown): “…Huang (2009) (6-month holding period), Huang (2009) Vcf12 Cash flow volatility Cta1 Cash-to-assets (1-month holding period), (12-month holding period), Huang (2009) Palazzo (2012) Cta6 Cash-to-assets (6-month holding period), Cta12 Cash-to-assets (12-month holding period), Palazzo (2012)…”
The international zero-leverage phenomenon (2013, unknown): “22 In a related analysis, Palazzo (2012) similarly documents that high cash firms have high betas, higher growth opportunities, low current profitability, and small size.”
Corporate Liquidity Management: A Conceptual Framework and Survey (2014, unknown): “implications of corporate liquidity (Acharya, Davydenko, and Strebulaev (2011) and Palazzo (2012)), and dynamic models of cash (Riddick and Whited (2009) and Bolton, Chen, Wang (2009).”
Cash Holdings, Competition, and Innovation (2016, unknown): “17We depart from Palazzo (2012) and do not include net equity issuance in the vector of explanatory variables.”
Corporate social responsibility and corporate cash holdings (2016, methodology): “It has been employed extensively in the finance literature (e.g., Almeida et al., 2004; Han and Qiu, 2007; Acharya et al., 2013; Palazzo, 2012).8 We also use a set of standard control variables that are known to be determinants of corporate cash holdings in the literature (e.g., Opler et al., 1999;…”