The Impact of Cash Holdings on Corporate Performance during the COVID-19 Pandemic: Global Insights
Thesis (M.B.A.) -- Business Administration, May 2024.
محفوظ في:
| المؤلف الرئيسي: | |
|---|---|
| التنسيق: | masterThesis |
| منشور في: |
2024
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| الموضوعات: | |
| الوصول للمادة أونلاين: | http://hdl.handle.net/10725/16138 https://doi.org/10.26756/th.2023.712 http://libraries.lau.edu.lb/research/laur/terms-of-use/thesis.php |
| الوسوم: |
إضافة وسم
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| _version_ | 1864513472177373184 |
|---|---|
| author | Basset, Michelle |
| author_facet | Basset, Michelle |
| author_role | author |
| dc.creator.none.fl_str_mv | Basset, Michelle |
| dc.date.none.fl_str_mv | 2024-09-17T06:57:44Z 2024-09-17T06:57:44Z 2024 2024-05-14 |
| dc.identifier.none.fl_str_mv | http://hdl.handle.net/10725/16138 https://doi.org/10.26756/th.2023.712 http://libraries.lau.edu.lb/research/laur/terms-of-use/thesis.php |
| dc.language.none.fl_str_mv | en |
| dc.publisher.none.fl_str_mv | Lebanese American University |
| dc.rights.*.fl_str_mv | info:eu-repo/semantics/openAccess |
| dc.subject.none.fl_str_mv | Corporations -- Cash position Corporations -- Finance Cash management COVID-19 (Disease) -- Economic aspects Lebanese American University -- Dissertations Dissertations, Academic |
| dc.title.none.fl_str_mv | The Impact of Cash Holdings on Corporate Performance during the COVID-19 Pandemic: Global Insights |
| dc.type.none.fl_str_mv | Thesis info:eu-repo/semantics/publishedVersion info:eu-repo/semantics/masterThesis |
| description | Thesis (M.B.A.) -- Business Administration, May 2024. |
| eu_rights_str_mv | openAccess |
| format | masterThesis |
| id | LAURepo_edda018aed494b34bb9bd3dca62e1a6f |
| language_invalid_str_mv | en |
| network_acronym_str | LAURepo |
| network_name_str | Lebanese American University repository |
| oai_identifier_str | oai:laur.lau.edu.lb:10725/16138 |
| publishDate | 2024 |
| publisher.none.fl_str_mv | Lebanese American University |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| spelling | The Impact of Cash Holdings on Corporate Performance during the COVID-19 Pandemic: Global InsightsBasset, MichelleCorporations -- Cash positionCorporations -- FinanceCash managementCOVID-19 (Disease) -- Economic aspectsLebanese American University -- DissertationsDissertations, AcademicThesis (M.B.A.) -- Business Administration, May 2024.This study investigates the effect of cash holdings on firm performance during the unprecedented challenges and disruptions caused by the Coronavirus disease (COVID-19) pandemic, which profoundly affected global economies and businesses. The study takes into account diverse government policies implemented in response to the pandemic. It also includes a comparison of how cash holdings affect firm performance between emerging and developed markets and additionally examines the impact of cash holdings across various industries. We hypothesize that firms with greater pre-pandemic cash reserves are more likely to maintain stronger performance during the pandemic. Our analysis includes quarterly data from 39,838 firms across 86 countries, covering the period from 2015 to 2022. Our results confirm the precautionary motive theory of cash reserves: cash holdings mitigate the pandemic's negative impact on firms across various sectors and markets, irrespective of the severity of government policies adopted. Firms with sufficient cash reserves exhibit higher returns on equity, returns on assets, and Tobin’s Q. This research provides insights into factors that enhance firms' performance during crises like COVID-19, underscores the importance of cash reserves, and offers insights for navigating future challenges.1 online resource (x, 59 leaves)Includes bibliographical references (leaves 55-59)Lebanese American University2024-09-17T06:57:44Z2024-09-17T06:57:44Z20242024-05-14Thesisinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesishttp://hdl.handle.net/10725/16138https://doi.org/10.26756/th.2023.712http://libraries.lau.edu.lb/research/laur/terms-of-use/thesis.phpeninfo:eu-repo/semantics/openAccessoai:laur.lau.edu.lb:10725/161382024-12-11T08:16:01Z |
| spellingShingle | The Impact of Cash Holdings on Corporate Performance during the COVID-19 Pandemic: Global Insights Basset, Michelle Corporations -- Cash position Corporations -- Finance Cash management COVID-19 (Disease) -- Economic aspects Lebanese American University -- Dissertations Dissertations, Academic |
| status_str | publishedVersion |
| title | The Impact of Cash Holdings on Corporate Performance during the COVID-19 Pandemic: Global Insights |
| title_full | The Impact of Cash Holdings on Corporate Performance during the COVID-19 Pandemic: Global Insights |
| title_fullStr | The Impact of Cash Holdings on Corporate Performance during the COVID-19 Pandemic: Global Insights |
| title_full_unstemmed | The Impact of Cash Holdings on Corporate Performance during the COVID-19 Pandemic: Global Insights |
| title_short | The Impact of Cash Holdings on Corporate Performance during the COVID-19 Pandemic: Global Insights |
| title_sort | The Impact of Cash Holdings on Corporate Performance during the COVID-19 Pandemic: Global Insights |
| topic | Corporations -- Cash position Corporations -- Finance Cash management COVID-19 (Disease) -- Economic aspects Lebanese American University -- Dissertations Dissertations, Academic |
| url | http://hdl.handle.net/10725/16138 https://doi.org/10.26756/th.2023.712 http://libraries.lau.edu.lb/research/laur/terms-of-use/thesis.php |