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Pandemic effect on corporate financial asset holdings: Precautionary or return-chasing?
This study empirically investigates whether and how the COVID-19 pandemic affects corporate financial asset holdings. We find that firms with higher pandemic exposure are less likely to hold financial assets. Mechanism analyses suggest that the return-chasing rationale dominates the precautionary mo...
| Autores principales: | , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Elsevier B.V.
2022
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| Materias: | |
| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9385575/ https://www.ncbi.nlm.nih.gov/pubmed/35996462 http://dx.doi.org/10.1016/j.ribaf.2022.101750 |