Managerial cash use, default, and corporate financial policies

Citations

Cited by:

1. Anna Bialek-Jaworska & Robert Faff & Damian Zieba, 2020. "A Liquidity Redistribution Effect in Intercorporate Lending: Evidence from Private Firms in Poland," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 151-175.
2. Narat Charupat & Sudipto Sarkar, 2025. "Operating flexibility and optimal capital structure," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 65(2), pages 1863-1887, June.
3. Cioroianu, Iulia & Corbet, Shaen & Larkin, Charles, 2021. "The differential impact of corporate blockchain-development as conditioned by sentiment and financial desperation," Journal of Corporate Finance, Elsevier, vol. 66(C).
4. Nishihara, Michi, 2023. "Target-initiated takeover with search frictions," European Journal of Operational Research, Elsevier, vol. 305(3), pages 1480-1497.
5. Nishihara, Michi & Shibata, Takashi & Zhang, Chuanqian, 2023. "Corporate investment, financing, and exit model with an earnings-based borrowing constraint," International Review of Financial Analysis, Elsevier, vol. 85(C).
   • Michi NISHIHARA & Takashi SHIBATA & Chuanqian ZHANG, 2021. "Corporate investment, financing, and exit model with an earnings-based borrowing constraint," Discussion Papers in Economics and Business 21-13, Osaka University, Graduate School of Economics.
6. Nguyen, Duc Nguyen & Nguyen, Canh Phuc & Dang, Le Phuong Xuan, 2022. "Uncertainty and corporate default risk: Novel evidence from emerging markets," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 78(C).
7. Soumya Sankar Chakraborty & Mehul Raithatha & Tara Shankar Shaw, 2025. "Market Valuation of Cash Holdings: Role of Default Risk During COVID-19," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 24(4), pages 461-485, December.
8. Nishihara, Michi & Shibata, Takashi, 2025. "Optimal capital structure with earnings above a floor," European Journal of Operational Research, Elsevier, vol. 326(3), pages 656-673.
9. Michi Nishihara & Takashi Shibata, 2020. "Optimal capital structure and bankruptcy cascades," Discussion Papers in Economics and Business 20-10, Osaka University, Graduate School of Economics.
10. Almuhannad Alsaif, 2024. "An Analysis of the Role of Short Selling in Detecting Default Risk," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 14(6), pages 1-4.
11. Nishihara, Michi & Shibata, Takashi, 2021. "The effects of asset liquidity on dynamic sell-out and bankruptcy decisions," European Journal of Operational Research, Elsevier, vol. 288(3), pages 1017-1035.
12. Michi Nishihara, 2022. "Corporate sustainability, investment, and capital structure," Discussion Papers in Economics and Business 22-05, Osaka University, Graduate School of Economics.
13. Chien, Chih-Chung & Chen, Shikuan & Chang, Ming-Jen, 2023. "Financial constraints on credit ratings and cash-flow sensitivity," International Review of Financial Analysis, Elsevier, vol. 88(C).
14. Sarkar, Sudipto, 2023. "Optimal restrictiveness of a financing covenant," Journal of Banking & Finance, Elsevier, vol. 150(C).
15. Nishihara, Michi & Shibata, Takashi, 2021. "Optimal capital structure and simultaneous bankruptcy of firms in corporate networks," Journal of Economic Dynamics and Control, Elsevier, vol. 133(C).
16. Lingwen, Kong & Hanye, Gu & Runxiang, Xu & Yang, Zhiguo, 2025. "Firm-level perception of uncertainty and corporate default risk: Evidence from China’s listed firms," Economic Analysis and Policy, Elsevier, vol. 88(C), pages 1082-1096.
17. Almaghrabi, Khadija S., 2023. "Non‐operating risk and cash holdings: Evidence from pension risk," Journal of Banking & Finance, Elsevier, vol. 152(C).
18. Xue Cui & Sudipto Sarkar & Chuanqian Zhang, 2024. "Optimal capital structure with supplier market power," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 64(2), pages 1805-1825, June.
19. Li, Shengfeng & Han, Liang & Mi, Biao, 2024. "The effects of banking market structure on corporate cash holdings and the value of cash," Journal of Empirical Finance, Elsevier, vol. 75(C).
20. Bruyland, Evy & Lasfer, Meziane & De Maeseneire, Wouter & Song, Wei, 2019. "The performance of acquisitions by high default risk bidders," Journal of Banking & Finance, Elsevier, vol. 101(C), pages 37-58.
21. Islam, Md Shahidul & Alam, Md Samsul & Bin Hasan, Shehub & Mollah, Sabur, 2022. "Firm-level political risk and distance-to-default," Journal of Financial Stability, Elsevier, vol. 63(C).
22. Wang, Zhongli & Nishihara, Michi, 2025. "Investment and information asymmetry in corporate sustainability: Incentive-auditing contracts and policy insights," International Review of Financial Analysis, Elsevier, vol. 105(C).
23. Michi NISHIHARA & Takashi SHIBATA, 2023. "Optimal capital structure with earnings above a floor," Discussion Papers in Economics and Business 23-09, Osaka University, Graduate School of Economics.
24. Ghaly, Mohamed & Dang, Viet Anh & Stathopoulos, Konstantinos, 2015. "Cash holdings and employee welfare," Journal of Corporate Finance, Elsevier, vol. 33(C), pages 53-70.
25. Chen, Hsuan-Chi & Chou, Robin K. & Lu, Chien-Lin, 2018. "Saving for a rainy day: Evidence from the 2000 dot-com crash and the 2008 credit crisis," Journal of Corporate Finance, Elsevier, vol. 48(C), pages 680-699.
26. Xu, Xiaodong & Mu, Yayu & Wang, Juan, 2023. "Corporate risk and financial asset holdings," Pacific-Basin Finance Journal, Elsevier, vol. 81(C).
27. Efstathios Magerakis, 2025. "Industry differences and their influence on why companies retain cash: the impact of the COVID-19 pandemic," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 36(2), pages 205-267, June.