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When is cash good or bad for firm performance?

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  • Palash Deb
  • Parthiban David
  • Jonathan O'Brien

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  • Palash Deb & Parthiban David & Jonathan O'Brien, 2017. "When is cash good or bad for firm performance?," Strategic Management Journal, Wiley Blackwell, vol. 38(2), pages 436-454, February.
    • Handle: RePEc:bla:stratm:v:38:y:2017:i:2:p:436-454
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    Cited by:

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    2. Domenico Rocco Cambrea & Andrea Calabrò & Maurizio La Rocca & Francesco Paolone, 2022. "The impact of boards of directors’ characteristics on cash holdings in uncertain times," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 26(1), pages 189-221, March.
    3. Godoy-Bejarano, Jesús M. & Ruiz-Pava, Guillermo A. & Téllez-Falla, Diego F., 2020. "Environmental complexity, slack, and firm performance," Journal of Economics and Business, Elsevier, vol. 112(C).
    4. María Agustí & Francisco Velasco & José L. Galán, 2021. "The dynamic slack‐performance relationship from an efficiency perspective," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(4), pages 850-862, June.
    5. Albers, Sascha & Rundshagen, Volker, 2020. "European airlines′ strategic responses to the COVID-19 pandemic (January-May, 2020)," Journal of Air Transport Management, Elsevier, vol. 87(C).
    6. Sougata Ray & Bikramjit Ray Chaudhuri, 2018. "Business Group Affiliation and Corporate Sustainability Strategies of Firms: An Investigation of Firms in India," Journal of Business Ethics, Springer, vol. 153(4), pages 955-976, December.
    7. Yungu Kang & David H. Zhu & Yan Anthea Zhang, 2021. "Being extraordinary: How CEOS' uncommon names explain strategic distinctiveness," Strategic Management Journal, Wiley Blackwell, vol. 42(2), pages 462-488, February.
    8. Stephen J. Smulowitz & Didier Cossin & Alfredo De Massis & Hongze (Abraham) Lu, 2023. "Wrongdoing in Publicly Listed Family- and Nonfamily-Owned Firms: A Behavioral Perspective," Entrepreneurship Theory and Practice, , vol. 47(4), pages 1233-1264, July.
    9. Shan Xu & Lili Guo, 2023. "Financialization and Corporate Performance in China: Promotion or Inhibition?," Abacus, Accounting Foundation, University of Sydney, vol. 59(3), pages 776-817, September.
    10. Vivek Astvansh & Yen‐Yao Wang & Wei Shi, 2022. "The effects of the news media on a firm's voluntary product recalls," Production and Operations Management, Production and Operations Management Society, vol. 31(11), pages 4223-4244, November.
    11. Liu, Yulong & Ndubisi, Nelson Oly & Liu, Yang & Barrane, Fatima Zahra, 2020. "New product development and sustainable performance of Chinese SMMEs: The role of dynamic capability and intra-national environmental forces," International Journal of Production Economics, Elsevier, vol. 230(C).
    12. Alexander Mohr & Christian Schumacher, 2019. "The Contingent Effect of Patriotic Rhetoric on Firm Performance," Strategy Science, INFORMS, vol. 4(2), pages 94-110, June.
    13. Lu, Qinli & Chesbrough, Henry, 2022. "Measuring open innovation practices through topic modelling: Revisiting their impact on firm financial performance," Technovation, Elsevier, vol. 114(C).
    14. Torres de Oliveira, Rui & Verreynne, Martie-Louise & Steen, John & Indulska, Marta, 2021. "Creating value by giving away: A typology of different innovation revealing strategies," Journal of Business Research, Elsevier, vol. 127(C), pages 137-150.
    15. Xiaoxiang Li & Shuhan Zhang, 2021. "Does Slack Buffer? Market Performance after Environmental Shock," Sustainability, MDPI, vol. 13(17), pages 1-16, August.
    16. Cambrea, Domenico Rocco & Ponomareva, Yuliya & Pittino, Daniel & Minichilli, Alessandro, 2022. "Strings attached: Socioemotional wealth mixed gambles in the cash management choices of family firms," Journal of Family Business Strategy, Elsevier, vol. 13(3).
    17. Deb, Palash & David, Parthiban & O'Brien, Jonathan P. & Duru, Augustine, 2019. "Attainment discrepancy and investment: Effects on firm performance," Journal of Business Research, Elsevier, vol. 99(C), pages 186-196.
    18. Liu, Chengcheng & Li, Qing & Lin, Yu-En, 2023. "Corporate transparency and firm value: Does market competition play an external governance role?," Journal of Contemporary Accounting and Economics, Elsevier, vol. 19(1).
    19. Alomran, Abdulaziz Ahmed & Alsubaiei, Bader Jawid, 2022. "Oil price uncertainty and corporate cash holdings: Global evidence," International Review of Financial Analysis, Elsevier, vol. 81(C).
    20. Borgholthaus, Cameron J. & Iyer, Dinesh N. & O'Brien, Jonathan P., 2021. "The effects of firm aspirational performance on changes in leadership structure," Journal of Business Research, Elsevier, vol. 129(C), pages 319-327.
    21. HoWook Shin & Seung-Hyun Lee, 2019. "Firm resource stock, resource complementarity, and the heterogeneity in resource value," Asia Pacific Journal of Management, Springer, vol. 36(3), pages 661-686, September.
    22. Carnes, Christina Matz & Cavanaugh, Jeffrey & David, Parthiban & O'Brien, Jonathan, 2023. "Cash creates value for supply chain systems, but who appropriates that value?," Journal of Business Research, Elsevier, vol. 161(C).
    23. Raffaele Morandi Stagni & Juan Santaló & Marco S. Giarratana, 2020. "Product‐market competition and resource redeployment in multi‐business firms," Strategic Management Journal, Wiley Blackwell, vol. 41(10), pages 1799-1836, October.
    24. Tabesh, Pooya & Vera, Dusya & Keller, Robert T., 2019. "Unabsorbed slack resource deployment and exploratory and exploitative innovation: How much does CEO expertise matter?," Journal of Business Research, Elsevier, vol. 94(C), pages 65-80.
    25. Schäper, Thomas & Jung, Christopher & Foege, Johann Nils & Bogers, Marcel L.A.M. & Fainshmidt, Stav & Nüesch, Stephan, 2023. "The S-shaped relationship between open innovation and financial performance: A longitudinal perspective using a novel text-based measure," Research Policy, Elsevier, vol. 52(6).

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