Is saving vital? Evidence from the financial crisis
| dc.contributor.author | Tekin, Hasan | |
| dc.contributor.author | Polat, Ali Yavuz | |
| dc.contributor.authorID | 0000-0001-5647-5310 | en_US |
| dc.contributor.authorID | 0000-0003-2855-215X | en_US |
| dc.contributor.department | AGÜ, Yönetim Bilimleri Fakültesi, Ekonomi Bölümü | en_US |
| dc.date.accessioned | 2021-01-16T12:58:38Z | |
| dc.date.available | 2021-01-16T12:58:38Z | |
| dc.date.issued | 2020 | en_US |
| dc.description.abstract | We use a sample of 8,561 firm-years from the highly regulated Main Market (MAIN) and relatively unregulated Alternative Investment Market (AIM) in the United Kingdom to analyse the impact of financial restrictions on optimal cash holdings in the context of financial crises. Employing system generalised methods of moments, we find that AIM firms have a faster adjustment speed of cash as confirmed by precautionary and transaction motives over 2002-2017. However, AIM firms decrease (increase) their adjustment speed of cash more than MAIN firms during (after) the financial crises. | en_US |
| dc.identifier.endpage | 134 | en_US |
| dc.identifier.issn | 2254-4380 | |
| dc.identifier.issue | 2 | en_US |
| dc.identifier.startpage | 124 | en_US |
| dc.identifier.uri | https://hdl.handle.net/20.500.12573/438 | |
| dc.identifier.volume | Volume: 9 | en_US |
| dc.language.iso | eng | en_US |
| dc.publisher | UNIV OVIEDO, CAMPUS HUMANIDADES, EDIFICIO SERVICIOS,, OVIEDO, ASTURIAS 33011, SPAIN | en_US |
| dc.relation.isversionof | 10.17811/ebl.9.2.2020.124-134 | en_US |
| dc.relation.journal | ECONOMICS AND BUSINESS LETTERS | en_US |
| dc.relation.publicationcategory | Makale - Uluslararası - Editör Denetimli Dergi | en_US |
| dc.rights | info:eu-repo/semantics/openAccess | en_US |
| dc.subject | adjustment speed | en_US |
| dc.subject | adeurozone debt crisis | en_US |
| dc.subject | financial constraints | en_US |
| dc.subject | global financial crisis | en_US |
| dc.subject | market regulations | en_US |
| dc.title | Is saving vital? Evidence from the financial crisis | en_US |
| dc.type | article | en_US |
Files
Original bundle
1 - 1 of 1
Loading...
- Name:
- Is saving vital Evidence from the financial crisis.pdf
- Size:
- 433.23 KB
- Format:
- Adobe Portable Document Format
- Description:
- Makale Dosyası
License bundle
1 - 1 of 1
No Thumbnail Available
- Name:
- license.txt
- Size:
- 1.44 KB
- Format:
- Item-specific license agreed upon to submission
- Description: