Do Local Protestant Values Affect Corporate Cash Holdings?
This study examines how local Protestant belief, as one type of social norms, affects corporate cash policies. We find that firms located in areas with more Protestants hold less cash reserves. The influence of local Protestant belief on cash holdings is more profound for firms with weak corporate g...
| Authors: | ; ; |
|---|---|
| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
|
| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Springer Science + Business Media B. V
2019
|
| In: |
Journal of business ethics
Year: 2019, Volume: 154, Issue: 1, Pages: 147-166 |
| Further subjects: | B
Corporate cash holdings
B Corporate governance B Cash policy B Religion B Protestant |
| Online Access: |
Volltext (lizenzpflichtig) |