Cash holding, state ownership and firm value: The case of Vietnam

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F16%3A43874624" target="_blank" >RIV/70883521:28120/16:43874624 - isvavai.cz</a>

Result on the web

<a href="http://www.econjournals.com/index.php/ijefi/article/view/3126" target="_blank" >http://www.econjournals.com/index.php/ijefi/article/view/3126</a>

DOI - Digital Object Identifier

—

Result language

angličtina

Original language name

Cash holding, state ownership and firm value: The case of Vietnam

Original language description

Using a sample of 650 listed firms on the Vietnamese stock exchange over the period 2008-2015, we examine the effect of cash holding level on firm value. The results find out the cash holding has an impact on firm value in an inverted U-shaped form. Furthermore, this study investigates whether the state ownership influences firm value. We point out that there is a statistically insignificant positive relationship between state ownership and firm value unless the state ownership's advantages are utilized. The findings have implications of cash management in state-owned firms.

Czech name

—

Czech description

—

Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AE - Management, administration and clerical work

OECD FORD branch

—

Project

—

Continuities

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Publication year

2016

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

International Journal of Economics and Financial Issues

ISSN

2146-4138

e-ISSN

—

Volume of the periodical

6

Issue of the periodical within the volume

6

Country of publishing house

TR - TURKEY

Number of pages

5

Pages from-to

110-114

UT code for WoS article

—

EID of the result in the Scopus database

2-s2.0-84989818123