SENSITIVITAS ARUS KAS TERHADAP KAS PERUSAHAAN INDONESIA
Abstract
Keywords
Full Text:
PDFReferences
Acharya, V. V., Almeida, H., & Campello, M. (2007). Is cash negative debt? A hedging perspective on corporate financial policies. Journal of Financial Intermediation, 16(4), 515–554. https://doi.org/10.1016/j.jfi.2007.04.001
Allen, F., Qj, J. ", Qian, ", & Qian, M. (n.d.). China’s Financial System: Past, Present, and Future *. http://ssrn.com/abstract=978485
Almeida, H., Campello, M., & Galvao, A. F. (2010). Measurement errors in investment equations. Review of Financial Studies, 23(9), 3279–3328. https://doi.org/10.1093/rfs/hhq058
Amaeshi, K., Adegbite, E., and Rajwani, T. (2016). CorporateSocialResponsibilityinChallengingandNonEnablingInstitutionalContexts (p. journal of business ethics, 134(1):135-153).
Artica, R. P., Brufman, L., & Saguí, N. (2019a). Why do Latin American firms hold so much more cash than they used to? Revista Contabilidade e Financas, 30(79), 73–90. https://doi.org/10.1590/1808-057x201805660
Bao, D., Chan, K. C., & Zhang, W. (2012). Asymmetric cash flow sensitivity of cash holdings. Journal of Corporate Finance, 18(4), 690–700. https://doi.org/10.1016/j.jcorpfin.2012.05.003
Bates, T. W., Kahle, K. M., & Stulz, R. M. (2009). Why do U.S. firms hold so much more cash than they used to? Journal of Finance, 64(5), 1985–2021. https://doi.org/10.1111/j.1540-6261.2009.01492.x
Beguin, C., Kulmburg, A., Guignard, J. P., & Rufer, J. M. (1999). 13.The determinants and implications of corporate cash holdings. Journal of Financial Economics, 40(5), 223–228.
Brown, J. R., & Petersen, B. C. (2011). Cash holdings and R&D smoothing. Journal of Corporate Finance, 17(3), 694–709. https://doi.org/10.1016/j.jcorpfin.2010.01.003
Chang, X., Dasgupta, S., Wong, G., & Yao, J. (2014). Cash-Flow Sensitivities and the Allocation of Internal Cash Flow Downloaded from. In RFS Advance Access (Vol. 27). http://rfs.oxfordjournals.org/
Erickson, T., & Whited, T. M. (2000). Measurement error and the relationship between investment and q. Journal of Political Economy, 108(5), 1027–1057. https://doi.org/10.1086/317670
Erickson, T., & Whited, T. M. (2012). Treating measurement error in Tobin’s q. Review of Financial Studies, 25(4), 1286–1329. https://doi.org/10.1093/rfs/hhr120
Faulkender, M., Wang, R., Benzoni, L., Campello, M., Garvey, G., Goldstein, R., Milbourn, T., Petersen, M., & Stambaugh, R. (2006). Corporate Financial Policy and the Value of Cash. In THE JOURNAL OF FINANCE •: Vol. LXI (Issue 4).
Flor, C. R., & Hirth, S. (2013). Asset liquidity, corporate investment, and endogenous financing costs. Journal of Banking and Finance, 37(2), 474–489. https://doi.org/10.1016/j.jbankfin.2012.09.014
Foda Karim, Shi Y., & Vaziri M. (2022). Financial Constraints, Productivity, and Investment: Evidence from Lithuania D25 E23 016 IMF
Fritz Foley, C., Hartzell, J. C., Titman, S., & Twite, G. (2007). Why do firms hold so much cash? A tax-based explanation. Journal of Financial Economics, 86(3), 579–607. https://doi.org/10.1016/j.jfineco.2006.11.006
Gamba, A., & Triantis, A. (2008). The value of financial flexibility. Journal of Finance, 63(5), 2263–2296. https://doi.org/10.1111/j.1540-6261.2008.01397.x
Grullon, G., Hund, J., & Weston, J. P. (2018). Concentrating on q and cash flow. Journal of Financial Intermediation, 33, 1–15. https://doi.org/10.1016/j.jfi.2017.10.001
Guariglia, A., & Yang, J. (2018). Adjustment behavior of corporate cash holdings: the China experience. European Journal of Finance, 24(16), 1428–1452. https://doi.org/10.1080/1351847X.2015.1071716
Gwatidzo, T., & Ojah, K. (2014). Firms’ debt choice in Africa: Are institutional infrastructure and non-traditional determinants important? International Review of Financial Analysis, 31, 152–166. https://doi.org/10.1016/j.irfa.2013.11.005
Hatefi Majomerd, H., Moradi, M., & Reza Abbaszadeh, M. (2013). The cash flow sensitivity of cash holdings. Advances in Environmental Biology, 7(14), 47954801.
Khurana, I. K., Martin, X., & Pereira, R. (2006). Financial development and the cash flow sensitivity of cash. Journal of Financial and Quantitative Analysis, 41(4), 787–807. https://doi.org/10.1017/s0022109000002647
Kling, G., Paul, S., & Gonis, E. (2012). Cash Holding, Trade Credit and Access to Short-Term Bank Finance. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.1775885
Lei, J., Qiu, J., & Wan, C. (2018). Asset tangibility, cash holdings, and financial development. Journal of Corporate Finance, 50, 223–242. https://doi.org/10.1016/j.jcorpfin.2018.03.008
Machmud, Z., & Huda, A. (2011). Access to Finance: An Indonesia Case Study’, in Selected East Asian Economies. Small and Medium Enterprises (SMEs) Access to Finance in Selected East Asian Economies, September, 261–290.
Machokoto, M., & Areneke, G. (2021). Is the cash flow sensitivity of cash asymmetric? African evidence. Finance Research Letters, 38, 101440. https://doi.org/10.1016/j.frl.2020.101440
McLean, R. D., & Zhao, M. (2018). Cash savings and capital markets. Journal of Empirical Finance, 47, 49–64. https://doi.org/10.1016/j.jempfin.2018.02.001
Riddick, L. A., & Whited, T. M. (2009). The corporate propensity to save. Journal of Finance, 64(4), 1729–1766. https://doi.org/10.1111/j.1540-6261.2009.01478.x
Whited, T. M. (2006). External finance constraints and the intertemporal pattern of intermittent investment. Journal of Financial Economics, 81(3), 467–502. https://doi.org/10.1016/j.jfineco.2005.07.007
Refbacks
- There are currently no refbacks.
Copyright (c) 2024 Richeart Widjaja, Liza Handoko
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Fakultas Ekonomi dan Bisnis | Universitas Pelita Harapan | Kampus Universitas Pelita Harapan | Gedung F Lt. 12 | Lippo Karawaci, Tangerang - 15811 | Telp 021-5460901 | Fax 54210992