Pakistan
Research Article
The Effect of Corporate Cash Holdings on Stock Returns
Author(s): Muhammad Khalil ur Rashid, Sabeeh Ullah and Shaukat AliMuhammad Khalil ur Rashid, Sabeeh Ullah and Shaukat Ali
In this research work the effect of corporate cash holdings on stock return is analyzed in which panel data is used from Pakistani listed firms which are listed in KSE for the period 2007-2013, the firms are selected randomly having sample size of 120 which is then is divided into sixty small and large firms on the basis of their total assets respectively, the nature of our data is panel for which we have used panel data regression, panel data regression involve three models which are pooled ols, fixed effect model and random effect model, in order to find out the most appropriate model we have used three tests including chow te.. Read More»
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