| dc.contributor | 會計系 | en_US |
| dc.creator (作者) | 潘健民 | zh_TW |
| dc.creator (作者) | Pan, Chien-Min Kevin | en_US |
| dc.date (日期) | 2006-04 | en_US |
| dc.date.accessioned | 26-Dec-2014 17:11:39 (UTC+8) | - |
| dc.date.available | 26-Dec-2014 17:11:39 (UTC+8) | - |
| dc.date.issued (上傳時間) | 26-Dec-2014 17:11:39 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/72405 | - |
| dc.description.abstract (摘要) | The existing literature posits that large corporate cash holdings might induce agency problems and thus hinder firms` operating performance. This paper investigates how Japanese firms maintain high/low cash holding position during the late 1980s and early 1990s. I find that firms pile cash because there is no profitable project. On the other hand, firms maintain a low cash holding position due to over-investing. I also find that excess cash holdings significantly affect firms` operating performance. Lastly, I find no direct evidences that ownership structure affect firms operating performance. | en_US |
| dc.format.extent | 537859 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.language.iso | en_US | - |
| dc.relation (關聯) | Journal of Management Accounting, Japan: Supplement, 75-99 | en_US |
| dc.subject (關鍵詞) | cash;operating performance;bubble economy;Japan | en_US |
| dc.title (題名) | Operating Performances of Japanese Firms with Large Cash Holdings during the Bubble Economy | en_US |
| dc.type (資料類型) | article | en |
