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Cash Holdings of S & P Firms Over the Past Decade

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  • Mary L. Fischer
  • Treba Marsh
  • Todd A Brown

Abstract

Over the past decade, financial research suggests US firms hold a significant amount of cash. This growing amount of cash has attracted attention from economics, the business press and government. A firm's cash balance could well indicate the firm elects to hold cash rather than invest in suboptimal investments. There are trade-offs between holding too much cash and holding too little. This exploratory study attempts to find financial relationships that explain the cash held by S&P 100 firms over the decade from fiscal year 2002 to 2011.

Suggested Citation

  • Mary L. Fischer & Treba Marsh & Todd A Brown, 2014. "Cash Holdings of S & P Firms Over the Past Decade," Accounting and Finance Research, Sciedu Press, vol. 3(3), pages 143-143, August.
    • Handle: RePEc:jfr:afr111:v:3:y:2014:i:3:p:143
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    References listed on IDEAS

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    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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