Determinants of cash holdings—evidence from New Zealand local councils

Muhammad Nurul Hoque,Md. Borhan Uddin Bhuiyan,Takumi Nomura,Tony van Zijl

Public Money & Management（2020）

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摘要

The authors examine the likely determinants of cash holdings by New Zealand local councils. Extant finance literature suggests that organizations have transactional, precautionary and speculative m...

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关键词

Cash holding, local councils, New Zealand, not-for-profit entities

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