• DocumentCode
    2969391
  • Title

    Corporate Governance, Uncertainty and the Value of Cash Holdings - Based on Preliminary Evidence of Chinese Listed Companies

  • Author

    Zhang, Jianping

  • Author_Institution
    Econ. & Manage. Coll., Wuhan Univ., Wuhan, China
  • fYear
    2011
  • fDate
    12-14 Aug. 2011
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    Abstract-this paper selects listed company data of A share from 1999 to 2008, explores the relationship among different levels of corporate governance, uncertainties of macro/ industry/ individual and the value of corporate cash holding. The results show that enterprises are facing higher degree of uncertainty, the higher the value of its cash holdings, this higher level of corporate governance reflects the more significant positive relationship.
  • Keywords
    financial management; organisational aspects; value engineering; Chinese listed companies; corporate cash holding value; corporate governance; Companies; Indexes; Industries; Macroeconomics; Uncertainty;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management and Service Science (MASS), 2011 International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-6579-8
  • Type

    conf

  • DOI
    10.1109/ICMSS.2011.5998509
  • Filename
    5998509