THE IMPACT OF DEVIATION FROM OPTIMUM LEVEL OF CASH HOLDING ON FUTURE ACCUMULATED ABNORMAL STOCK RETURNS

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

NAZEMI ARDAKANI MAHDI; ZARE HOSSEINABADI HAMID

Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: JOURNAL OF ACCOUNTING KNOWLEDGE Year:2016 | Volume:7 | Issue:24 Page(s): 137-154

Download Full-Text

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Persian Verion

View:

1,305

Download:

Cites:

Information Journal Paper

Title

THE IMPACT OF DEVIATION FROM OPTIMUM LEVEL OF CASH HOLDING ON FUTURE ACCUMULATED ABNORMAL STOCK RETURNS

Author(s)

NAZEMI ARDAKANI MAHDI | ZARE HOSSEINABADI HAMID | Issue Writer Certificate

Keywords

OPTIMUM CASHQ2

DEVIATION OF OPTIMUM LEVEL OF CASH HOLDINGQ2

ACCUMULATED ABNORMAL STOCK RETURNQ2

Abstract

The optimum level of cash holdings in a company is the main issue of interest of managers in the recent years. This research concentrates on the effects of deviation from optimum level of cash holding on the future ACCUMULATED ABNORMAL STOCK RETURNs. In this study a sample of 71 companies from Tehran Stock Exchange for the period of 2008 to 2013 was selected. To test the hypotheses, a model of generalized least squares and the panel data method have been used.Results from this study showed that the absolute values of deviation from optimum level of cash holdings do not have negative impact on the cumulative abnormal stock returns. The negative values of deviation from the optimum level of cash holdings lack meaningful relationship with the cumulative abnormal stock returns. The positive values of deviation from the optimum level of cash holdings do not have negative impact on the cumulative abnormal stock returns.

Cites

No record.

References

No record.

Cite

APA: Copy

NAZEMI ARDAKANI, MAHDI, & ZARE HOSSEINABADI, HAMID. (2016). THE IMPACT OF DEVIATION FROM OPTIMUM LEVEL OF CASH HOLDING ON FUTURE ACCUMULATED ABNORMAL STOCK RETURNS. JOURNAL OF ACCOUNTING KNOWLEDGE, 7(24), 137-154. SID. https://sid.ir/paper/163518/en

Vancouver: Copy

NAZEMI ARDAKANI MAHDI, ZARE HOSSEINABADI HAMID. THE IMPACT OF DEVIATION FROM OPTIMUM LEVEL OF CASH HOLDING ON FUTURE ACCUMULATED ABNORMAL STOCK RETURNS. JOURNAL OF ACCOUNTING KNOWLEDGE[Internet]. 2016;7(24):137-154. Available from: https://sid.ir/paper/163518/en

IEEE: Copy

MAHDI NAZEMI ARDAKANI, and HAMID ZARE HOSSEINABADI, “THE IMPACT OF DEVIATION FROM OPTIMUM LEVEL OF CASH HOLDING ON FUTURE ACCUMULATED ABNORMAL STOCK RETURNS,” JOURNAL OF ACCOUNTING KNOWLEDGE, vol. 7, no. 24, pp. 137–154, 2016, [Online]. Available: https://sid.ir/paper/163518/en

Related Journal Papers