Influence of volatility on corporate cash holdings among US banks.

• Main Authors: Cheong, Wei Siong., Quek, Jia Wen., Chin, Derek Wei Jie.
• 其他作者: Lau Sie Ting
• 格式: Final Year Project
• 語言: English
• 出版: 2012
• 主題: DRNTU::Business::Finance::Banking liquidity::Banking reserves
• 在線閱讀: http://hdl.handle.net/10356/48367
• 機構: Nanyang Technological University

Cash represent a large and growing portion of corporate assets, with the average cash-to-asset ratio doubling from the 1980s to 2000s. Furthermore, the recent Global Financial Crisis was characterized by illiquidity. In this paper, we investigate how industry-specific and broad-based market volatili...