Academic studies have shown that over the past few decades, public firms are increasingly holding large amounts of cash. Curiously, much of this build up in cash savings can be attributed to cash saved from seasoned share issues, which are sales of equity by already public companies. I examined the share-issuance cash savings of a […]
Tag Archives: cash
Corporations hoard cash as a precautionary measure
September 20, 2011 – 9:01 am
By mitsloanexperts
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Posted in Accounting, Accounting, domestic
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Also tagged cash flow volatility, corporate tax holiday, corporations, David McLean, economy, equity, financial crisis, Great Recession, MIT Sloan, public firms, R & D, seasoned share issues, share-issuance, stock price, University of Alberta
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