Adjustment speed

This paper examines the cash holdings behavior of Vietnamese listed companies, focusing on whether a target cash level exists that maximizes firm value and the speed at which firms adjust towards this target. The study finds that the average cash holding for these firms is approximately 10%.

6p viaburame 14-03-2025 6 1   Download

In discussing equilibrium within the IS-LM model, it has been assumed that –prices are fixed –the supply-side of the economy can be ignored. These assumptions must now be relaxed.

18p nhatro75 09-07-2012 61 5   Download