How Long to Read Drivers of Corporate Cash Holdings in

How Long Does it Take to Read Drivers of Corporate Cash Holdings in?

It takes the average reader and 13 minutes to read Drivers of Corporate Cash Holdings in by Seho Kim

Assuming a reading speed of 250 words per minute. Learn more

Description

In Japan, corporate savings have risen since 2000 in line with profits. A large share of the additional savings was kept as cash holdings (i.e., cash and short-term investments) rather than used for investment. Building on a rich literature, this paper identifies two additional drivers of corporate cash holdings using financial data of public and private Japanese firms. First, a higher share of intangible capital is associated with more cash holdings. This indicates the presence of financial frictions as intangible capital is not easily collateralizable. Such financial friction could be alleviated by shifting towards cash flow-based lending that is prevalent in the United States (US). Second, corporate tax cuts are associated with more cash holdings while having no significant effect on investment. Given the significant fiscal cost, the efficiency of corporate tax cuts should be re-evaluated.

How long is Drivers of Corporate Cash Holdings in?

Drivers of Corporate Cash Holdings in by Seho Kim is 13 pages long, and a total of 3,289 words.

This makes it 4% the length of the average book. It also has 4% more words than the average book.

How Long Does it Take to Read Drivers of Corporate Cash Holdings in Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 17 minutes to read Drivers of Corporate Cash Holdings in aloud.

What Reading Level is Drivers of Corporate Cash Holdings in?

Drivers of Corporate Cash Holdings in is suitable for students ages 6 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Drivers of Corporate Cash Holdings in?

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