CAUSALITY RELATIONSHIP BETWEEN STOCK LIQUIDITY AND CORPORATE CASH HOLDINGS

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dc.contributor.authorKuzucu, Narman
dc.date.accessioned2024-03-13T09:49:48Z
dc.date.available2024-03-13T09:49:48Z
dc.date.issued2021
dc.departmentİstanbul Beykent Üniversitesien_US
dc.description.abstractRecent research documents evidence that stock liquidity and asset liquidity are associated. In the literature, some research finds the effect of asset liquidity on stock liquidity whereas some finds the effect of stock liquidity on corporate liquidity. This study examines the causality relationship between a firm’s stock liquidity and its cash holdings. We use Granger causality for a dataset of listed non-financial companies. We find bidirectional causality between the two variables. The evidence shows that the causality from stock liquidity to cash holdings is weaker than the otherwise. Furthermore, our findings imply that investors are more reliant on firm’s cash holdings for valuation of smaller firms.en_US
dc.identifier.doi10.17130/ijmeb.788558
dc.identifier.endpage114en_US
dc.identifier.issn2147-9208
dc.identifier.issn2147-9194
dc.identifier.issue1en_US
dc.identifier.startpage102en_US
dc.identifier.trdizinid437188en_US
dc.identifier.urihttps://doi.org/10.17130/ijmeb.788558
dc.identifier.urihttps://search.trdizin.gov.tr/yayin/detay/437188
dc.identifier.urihttps://hdl.handle.net/20.500.12662/2261
dc.identifier.volume17en_US
dc.indekslendigikaynakTR-Dizinen_US
dc.language.isoenen_US
dc.relation.ispartofUluslararası Yönetim İktisat ve İşletme Dergisien_US
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.titleCAUSALITY RELATIONSHIP BETWEEN STOCK LIQUIDITY AND CORPORATE CASH HOLDINGSen_US
dc.typeArticleen_US

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