Home|Journals|Articles by Year Follow on Twitter

Directory for Medical Articles

Open Access

Research Article

EEO. 2021; 20(3): 1765-1775

Factors Effecting Corporate Cash Holdings of the listed NonFinancial Firms in Pakistan

Faiza Saleem, Laraib Zafar, Muhammad Tahir Khan, Zubair Khan, Shahzad Jamil, Ataulla.

This research study tries to examine the effect of micro and macro-economic variables on corporate cash holdings patterns of listed non-financial firms of Pakistan. The study collected data from 184 firms from four major sectors (Textile Sector, Cement Sector, Motor vehicles, trailers & auto parts Sector and Fuel and power Sector) listed on Pakistan Stock Exchange (PSX). Annual data for the current study has been extracted from the published annual reports of the companies for the period 2013-2018. Feasible Generalized Leased Square (FGLS) technique has been used to determine the relationship between selected variables. The study result showed that GDP is significantly positively associated with corporate cash holdings. Whereas growth opportunities, leverage and dividend payments indicates significant negative relationship with corporate cash holdings for selected firms. The findings of the research study are beneficial for policy and decision makers to make clear understanding and knowledge on corporate cash holding pattern.

Key words: Corporate cash holdings, interest rates, dividend payments, inflation rate.

Similar Articles

Metric Selection, Metric Targets, and Risk Adjustment Should be Considered in the Design of Gainsharing Models for Bundled Payment Programs in Total Joint Arthroplasty.
Keswani AH, Snyder DJ, Ahn A, Austin DC, Jayakumar P, Grauer JN, Poeran J, Bozic KJ, Moschetti WE, Jevsevar DS, Galatz LM, Bronson MJ, Chen DD, Moucha CS
The Journal of arthroplasty. 2021; 36(3): 801-809

Association of knowledge and attitudes with practices of misuse of tranquilizers: A cohort study in Spain.
Mallah N, Figueiras A, Heidarian Miri H, Takkouche B
Drug and alcohol dependence. 2021; 225(): 108793

A patient education intervention improved rates of successful video visits during rapid implementation of telehealth.
Gusdorf RE, Shah KP, Triana AJ, McCoy AB, Pabla B, Scoville E, Dalal R, Beaulieu DB, Schwartz DA, Horst SN, Griffith ML
Journal of telemedicine and telecare. 2021; (): 1357633X211008786

Intravenous magnesium in the management of rapid atrial fibrillation: A systematic review and meta-analysis.
Ramesh T, Lee PYK, Mitta M, Allencherril J
Journal of cardiology. 2021; ():

Oocyte or embryo number needed to optimize live birth and cumulative live birth rates in mild stimulation IVF cycles.
Datta AK, Campbell S, Felix N, Singh JSH, Nargund G
Reproductive biomedicine online. 2021; ():

Full-text options

Add your Article(s) to Indexes
• citeindex.org

Follow ScopeMed on Twitter
Author Tools
eJPort Journal Hosting
About BiblioMed
License Information
Terms & Conditions
Privacy Policy
Contact Us

The articles in Bibliomed are open access articles licensed under the terms of the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License (https://creativecommons.org/licenses/by-nc-sa/4.0/) which permits unrestricted, non-commercial use, distribution and reproduction in any medium, provided the work is properly cited.
ScopeMed is a Database Service for Scientific Publications. Copyright ScopeMed Information Services.