The purpose of this reason is to examine the cash holding policies of U.S. casino firms. More specifically, we attempt to understand why casinos hold the amounts of cash that they do and what the implications of these policies are. Our results support the notion that risky dividend-paying firms hold more cash. However, we find that there is no relationship between risk and cash holdings for all firms. Furthermore, we find that casino firms that use more debt tend to hold more cash. This is the opposite finding in the literature and is worthy of further investigation
This paper analyzes the financing behaviors of two major casino companies, Mirage Resorts, Inc., and...
Recent studies show that cash holdings cannot be considered a mere byproduct of corporate financial ...
The present research tried to study the effect of the excess cash holding on firm value. The partici...
Financial literature of cash or liquidity management has recently focused on the role of financial c...
The purpose of this study is to examine the choice of long-term debt in the U.S. casino industry usi...
Casino operators have always borrowed money to construct and improve their resorts. Beginning in 199...
The present study examined the role of financial constraint on cash holding policy on the hotel indu...
Seventy-five percent of hospitality acquisitions were cash-financed from 1980 to 2000. In other ind...
After the 2008 financial crises, people become aware of how important the role played by corporate c...
This study examines the differences in financial characteristics between small and large firms in th...
The average cash-to-assets ratio for U.S. industrial firms more than doubles from 1980 to 2006. A me...
The average cash to assets ratio for U.S. industrial firms increases by 129% from 1980 to 2004. Beca...
This study examined the relationship between institutional ownership and firm performance in the cas...
The considerable growth in corporate cash holdings around the world has prompted scholarly interest....
This paper investigates the empirical determinants of corporate cash holdings for a sample of U.S. f...
This paper analyzes the financing behaviors of two major casino companies, Mirage Resorts, Inc., and...
Recent studies show that cash holdings cannot be considered a mere byproduct of corporate financial ...
The present research tried to study the effect of the excess cash holding on firm value. The partici...
Financial literature of cash or liquidity management has recently focused on the role of financial c...
The purpose of this study is to examine the choice of long-term debt in the U.S. casino industry usi...
Casino operators have always borrowed money to construct and improve their resorts. Beginning in 199...
The present study examined the role of financial constraint on cash holding policy on the hotel indu...
Seventy-five percent of hospitality acquisitions were cash-financed from 1980 to 2000. In other ind...
After the 2008 financial crises, people become aware of how important the role played by corporate c...
This study examines the differences in financial characteristics between small and large firms in th...
The average cash-to-assets ratio for U.S. industrial firms more than doubles from 1980 to 2006. A me...
The average cash to assets ratio for U.S. industrial firms increases by 129% from 1980 to 2004. Beca...
This study examined the relationship between institutional ownership and firm performance in the cas...
The considerable growth in corporate cash holdings around the world has prompted scholarly interest....
This paper investigates the empirical determinants of corporate cash holdings for a sample of U.S. f...
This paper analyzes the financing behaviors of two major casino companies, Mirage Resorts, Inc., and...
Recent studies show that cash holdings cannot be considered a mere byproduct of corporate financial ...
The present research tried to study the effect of the excess cash holding on firm value. The partici...