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Agency Conflicts and the Marginal Value of Corporate Cash Holdings
Oleh:
Bhabra, Gurmeet Singh
;
Rooney, Jacob
Jenis:
Article from Proceeding
Dalam koleksi:
SIBR-Thammasat 2014 Conference on Interdisciplinary Business & Economics Research June 5th- 7th, 2014 di Emerald Hotel Bangkok
,
page 1-2.
Topik:
Governance
;
Sarbanes-Oxley
;
Cash holding
Fulltext:
b14-154.pdf
(38.02KB)
Isi artikel
We examine the role of agency conflicts in affecting the contribution of an extra dollar of corporate cash holdings to firm value following shocks to governance associated with the passage of the Sarbanes-Oxley Act in 2002 (henceforth SOX or the Act).
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