Autor:	Yu-Tung Lin, 林于棟
Rok vydání:	2015
Druh dokumentu:	學位論文 ; thesis
Popis:	103 This study investigates the effect of the new receivables pledge policy in 2007 on cash conversion cycle and cash holdings for Chinese listed firms. The sample consists of 2,602 listed companies in China for the period from 2001 to 2014. The major dependent variable is cash holdings, and independent variable is cash conversion cycle. Ordinary Least Square analysis is used to evaluate the relation among the receivables pledge policy reform, cash conversion cycle and cash holdings. The empirical results show that the cash holdings of Chinese listed firms decreased after the new receivables pledge policy reform in 2007 and this reform negatively moderates the relation between cash conversion cycle and cash holdings.
Databáze:	Networked Digital Library of Theses & Dissertations
Externí odkaz:	http://ndltd.ncl.edu.tw/handle/30757218574118325036 Zobrazit plný text záznamu