Vis enkel innførsel

dc.contributor.authorSingh, Harman Uppal
dc.contributor.authorHellerslien, Bjørnar
dc.date.accessioned2019-10-10T12:39:40Z
dc.date.available2019-10-10T12:39:40Z
dc.date.issued2019
dc.identifier.urihttp://hdl.handle.net/11250/2621426
dc.descriptionMasteroppgave(MSc) in Master of Science in Business, Finance - Handelshøyskolen BI, 2019nb_NO
dc.description.abstractWe examine the relationship between diversification and corporate liquidity in Nordic firms. The significant findings of this paper show that multidivisional firms hold less cash relative to their stand-alone counterpart due to diversification in their investment opportunities and cash flows. Mainly through a higher correlation between investment opportunity and cash flow, but also higher cross-divisional correlations in cash flow results in lower cash holdings, even after controlling for determinants such as cash flow volatility. Furthermore, we find that the most substantial effects apply to firms that are financially constrained. As a whole, the results provide an efficient link between corporate liquidity and diversification in the Nordic universe.nb_NO
dc.language.isoengnb_NO
dc.publisherHandelshøyskolen BInb_NO
dc.subjectfinansnb_NO
dc.subjectfinancenb_NO
dc.titleCash Holdings and Corporate Diversification: Evidence From Nordic Companiesnb_NO
dc.typeMaster thesisnb_NO


Tilhørende fil(er)

Thumbnail

Denne innførselen finnes i følgende samling(er)

Vis enkel innførsel