期刊名称:International Journal of Energy Economics and Policy
电子版ISSN:2146-4553
出版年度:2018
卷号:8
期号:5
页码:29-34
语种:English
出版社:EconJournals
摘要:This study examines the factors effect on corporate cash holdings of the energy enterprises listed on Vietnam’s stock market. Our data set includes 28 energy companies on Vietnam stock markets (HNX and HOSE) in the period from 2010 to 2016, with a total of 196 firm-year observations being collected. We used GMM estimator to test our hypotheses. The results show a negative association between leverage, return on assets, operating cash flow and corporate cash holdings while a tangible asset has a positive relationship.
关键词:corporate cash holdings; energy enterprises; Vietnam.