000 | 01358nas a2200181Ia 4500 | ||
---|---|---|---|
008 | 240802c99999999xx |||||||||||| ||und|| | ||
100 |
_aTripathi, Vibha _9119830 |
||
245 | 0 | _aModerating Effect of Corporate Governance Mechanisms on Relationship between Cash Holdings and Firm Value | |
260 | _bEconomic and Political Weekly | ||
260 | _c2024 | ||
300 | _a83-90 | ||
520 | _aA composite corporate governance index (CCGI) that considers 16 attributes across three facets such as ownership structure, board characteristics, and the audit matters of 306 Indian non-financial firms is constructed in this paper. Fixed effect panel and GMM estimations pinpoint the moderating impact of CCGI when it comes to the relationship between cash holdings and firm value. Then the sample is stratified into high CG and low CG firms based on the CCGI score. Subsample FE and GMM results uncover the moderating impact of CCGI in LCG firms and not in HCG firms. The findings suggest that firm cash policies should be aligned with all the three CG facets. | ||
650 |
_a Cash Holdings and Firm Value _9119831 |
||
650 |
_a Indian Non-Financial Firms _9119832 |
||
650 |
_aCorporate Governance Mechanisms _9119833 |
||
700 |
_a Madhavan, Vinodh _9119834 |
||
856 | _uhttps://www.epw.in/system/files/pdf/2024_59/21/salix21250524mbfvibha-tripathi-vinodh-madhavan.pdf | ||
999 |
_c133558 _d133558 |