Corruption and corporate cash holdings부패와 현금 보유 정책
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.advisor | Han, Seung Hun | - |
| dc.contributor.advisor | 한승헌 | - |
| dc.contributor.author | Seo, Dong Wook | - |
| dc.date.accessioned | 2021-05-12T19:39:07Z | - |
| dc.date.available | 2021-05-12T19:39:07Z | - |
| dc.date.issued | 2020 | - |
| dc.identifier.uri | http://library.kaist.ac.kr/search/detail/view.do?bibCtrlNo=908484&flag=dissertation | en_US |
| dc.identifier.uri | http://hdl.handle.net/10203/284096 | - |
| dc.description | 학위논문(박사) - 한국과학기술원 : 기술경영학부, 2020.2,[ii, 38 p. :] | - |
| dc.description.abstract | We examine the relation between corruption and corporate cash holding policy using data from 32,603 firms in 44 countries. We find a non-linear relation between corruption and corporate cash holdings with a negative coefficient of the cubic term of corruption. Specifically, in developed countries, a U-shape relation exists between corruption and cash holdings | - |
| dc.description.abstract | however, in emerging and frontier countries, we find an inverted U-shape relation. From these outcomes, we suggest that corruption is an important variable that affects corporate cash holding policy in diverse ways by the level of economic development. | - |
| dc.language | eng | - |
| dc.publisher | 한국과학기술원 | - |
| dc.subject | Cash holdings▼aFinancial Policy▼aCorruption▼aEmerging markets▼aInternational study | - |
| dc.subject | 현금보유정책▼a재무정책▼a부패▼a개발도상국▼a국제연구 | - |
| dc.title | Corruption and corporate cash holdings | - |
| dc.title.alternative | 부패와 현금 보유 정책 | - |
| dc.type | Thesis(Ph.D) | - |
| dc.identifier.CNRN | 325007 | - |
| dc.description.department | 한국과학기술원 :기술경영학부, | - |
| dc.contributor.alternativeauthor | 서동욱 | - |
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