Influence of volatility on corporate cash holdings among US banks.

• المؤلفون الرئيسيون: Cheong, Wei Siong., Quek, Jia Wen., Chin, Derek Wei Jie.
• مؤلفون آخرون: Lau Sie Ting
• التنسيق: Final Year Project
• اللغة: English
• منشور في: 2012
• الموضوعات: DRNTU::Business::Finance::Banking liquidity::Banking reserves
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/48367
• المؤسسة: 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...