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• W2777157441 abstract ": This paper aims to identify factors influencing Polish non-financial corporate lending to other entities starting from the recognition motives and sources of cash holdings. The research analyzed panel data of 754 non-financial companies listed on the Warsaw Stock Exchange with use of tobit panel and generalized least squares method. Cash holding is motivated by a transaction motive, a protection against risk by the use of derivatives, investment opportunities and lending money. Non-financial companies try to step into the shoes of financial institutions by lending using money gained from their cash flow, especially when they have long-term investments." @default.
• W2777157441 created "2018-01-05" @default.
• W2777157441 creator A5037707435 @default.
• W2777157441 date "2017-01-01" @default.
• W2777157441 modified "2023-10-17" @default.
• W2777157441 title "Do Polish non-financial listed companies hold cash to lend money to other firms?" @default.
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• W2777157441 doi "https://doi.org/10.18559/ebr.2017.4.6" @default.
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