Corporate Cash Holding and Monetary Policy

Baki Cem Şahin; Selçuk Gül

doi:10.33203/mfy.1044804

EN TR

Corporate Cash Holding and Monetary Policy

Abstract

Corporate cash holding behavior is important to understand firms in terms of management and decision-making, and the finance literature provides diverse views on the determinants of corporate cash holdings. In this study, we examine the cash holding decision from a macroeconomic perspective and investigate whether monetary policy affects firms’ cash holding decisions. Our analysis based on Turkish listed non-financial firms suggests that monetary policy has no effect on corporate cash holdings, contrary to recent empirical evidence. In this regard, the results infer that the relationship between monetary policy and cash holding decisions established before in the literature could not be generalizable.

Keywords

cash holding, monetary policy, dynamic panel estimation

References

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Details

Primary Language

English

Subjects

Finance

Journal Section

Research Article

Authors

Baki Cem Şahin ^*
0000-0002-9326-6857
Türkiye

Selçuk Gül
0000-0001-6624-3425
Türkiye

Publication Date

April 27, 2022

Submission Date

December 25, 2021

Acceptance Date

March 31, 2022

Published in Issue

Year 2022 Number: 117

DOI

https://doi.org/10.33203/mfy.1044804

IZ

https://izlik.org/JA64XL76BF

APA

Şahin, B. C., & Gül, S. (2022). Corporate Cash Holding and Monetary Policy. Maliye Ve Finans Yazıları, 117, 101-114. https://doi.org/10.33203/mfy.1044804

AMA

1.Şahin BC, Gül S. Corporate Cash Holding and Monetary Policy. Maliye ve Finans Yazıları. 2022;(117):101-114. doi:10.33203/mfy.1044804

Chicago

Şahin, Baki Cem, and Selçuk Gül. 2022. “Corporate Cash Holding and Monetary Policy”. Maliye Ve Finans Yazıları, nos. 117: 101-14. https://doi.org/10.33203/mfy.1044804.

EndNote

Şahin BC, Gül S (April 1, 2022) Corporate Cash Holding and Monetary Policy. Maliye ve Finans Yazıları 117 101–114.

IEEE

[1]B. C. Şahin and S. Gül, “Corporate Cash Holding and Monetary Policy”, Maliye ve Finans Yazıları, no. 117, pp. 101–114, Apr. 2022, doi: 10.33203/mfy.1044804.

ISNAD

Şahin, Baki Cem - Gül, Selçuk. “Corporate Cash Holding and Monetary Policy”. Maliye ve Finans Yazıları. 117 (April 1, 2022): 101-114. https://doi.org/10.33203/mfy.1044804.

JAMA

1.Şahin BC, Gül S. Corporate Cash Holding and Monetary Policy. Maliye ve Finans Yazıları. 2022;:101–114.

MLA

Şahin, Baki Cem, and Selçuk Gül. “Corporate Cash Holding and Monetary Policy”. Maliye Ve Finans Yazıları, no. 117, Apr. 2022, pp. 101-14, doi:10.33203/mfy.1044804.

Vancouver

1.Baki Cem Şahin, Selçuk Gül. Corporate Cash Holding and Monetary Policy. Maliye ve Finans Yazıları. 2022 Apr. 1;(117):101-14. doi:10.33203/mfy.1044804

The scope of the Journal of Finance Letters consists of studies in the fields of economics, public finance, finance, and banking.

Corporate Cash Holding and Monetary Policy

Abstract

Keywords

Corporate Cash Holding and Monetary Policy

Abstract

Keywords

References

Details

Primary Language

Subjects

Journal Section

Authors

Publication Date

Submission Date

Acceptance Date

Published in Issue

DOI

IZ

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