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  • 标题:Factors Effect on Corporate Cash Holdings of the Energy Enterprises Listed on Vietnam’s Stock Market
  • 本地全文:下载
  • 作者:Phung Anh Thu ; Nguyen Vinh Khuong
  • 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.
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