Earticle

초록

영어

The primary objective of implementing the study was to further investigate any pronounced financial components affecting the level of cash retention for the Korean chaebol firms. The research was framed to test for two hypotheses on the cash savings with utilizing the chaebol firms during the post-era of the global financial turmoil (from 2009 to 2013). In the first hypothesis test, any significant explanatory variables relative to the cash holdings, were identified in each corresponding category of the conditional quantile regression (CQR) model, while multilogistic regression analysis was performed to discriminate relevant financial factors in each pair of classes consisting of the chaebol firms. Concerning the results, liquidity, agency costs, and cash conversion cycle were found to be statistically significant in the majority of classified categories in the former test and liquidy, firm size, and dividend yield, also showed discriminating powers in each pair of categorical for the firms in the latter test.

목차

Abstract
 I. Introduction
 II. Review on the Previous Literature
 III. Data Collection and Econometric Estimations
  1. Data Sampling Criteria and Variable Definitions
  2. Relevant Hypotheses Postulated
 IV. Analysis and Discussion
  1. Analyses on the Results
  2. Discussion
 V. Concluding Remarks
 References

키워드

저자

• Hanjoon Kim [ Division of Business Administration, Hoseo University, Cheon-An City, South Korea ]

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  한국재무학회 학술대회

• 간기

  부정기

• 수록기간

  2006~2024

• 십진분류

  KDC 325 DDC 330