FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W4376869013> ?p ?o ?g. }

• W4376869013 endingPage "102685" @default.
• W4376869013 startingPage "102685" @default.
• W4376869013 abstract "Based on a quasi-natural experiment of an accelerated depreciation tax policy (ADP) for fixed assets in China, we examine the impact of the ADP on corporate cash holdings. Using a multiperiod difference-in-differences model with a sample of Chinese A-share listed firms from 2008 to 2020, we document that firms subject to the ADP exhibit lower cash holdings compared to firms not affected by the policy. The effect is more pronounced for young firms, profitable firms, and firms with less R&D investment. According to our mechanism analysis, the ADP mitigates a firm's financing constraints and financialization and therefore, a firm does not need as much as cash holdings as they did before the implementation of the ADP. The mechanism test results suggest that the ADP lowers the precautionary and speculative demand for cash. The analysis of economic consequences shows that the reduction of cash holdings significantly enhances firm value. Our research results suggest that the ADP is a good policy for firms." @default.
• W4376869013 created "2023-05-18" @default.
• W4376869013 creator A5040708596 @default.
• W4376869013 creator A5047063917 @default.
• W4376869013 date "2023-07-01" @default.
• W4376869013 modified "2023-09-30" @default.
• W4376869013 title "The tax incentives and corporate cash holdings: Evidence from a quasi-natural experiment of an accelerated depreciation tax policy for fixed assets" @default.
• W4376869013 cites W2068517078 @default.
• W4376869013 cites W2076751891 @default.
• W4376869013 cites W2101247287 @default.
• W4376869013 cites W2121085701 @default.
• W4376869013 cites W2137338116 @default.
• W4376869013 cites W2142831770 @default.
• W4376869013 cites W2254174580 @default.
• W4376869013 cites W2593705280 @default.
• W4376869013 cites W2802423796 @default.
• W4376869013 cites W2989763571 @default.
• W4376869013 cites W3022537438 @default.
• W4376869013 cites W3031278346 @default.
• W4376869013 cites W3121786372 @default.
• W4376869013 cites W3122235278 @default.
• W4376869013 cites W3122349187 @default.
• W4376869013 cites W3122505911 @default.
• W4376869013 cites W3122507335 @default.
• W4376869013 cites W3123877693 @default.
• W4376869013 cites W3123909260 @default.
• W4376869013 cites W3123999129 @default.
• W4376869013 cites W3124114405 @default.
• W4376869013 cites W3124620510 @default.
• W4376869013 cites W3124766238 @default.
• W4376869013 cites W3124948273 @default.
• W4376869013 cites W3125982253 @default.
• W4376869013 cites W3127310331 @default.
• W4376869013 cites W3159798606 @default.
• W4376869013 cites W3168599525 @default.
• W4376869013 cites W3181923575 @default.
• W4376869013 cites W3201639395 @default.
• W4376869013 cites W4224940484 @default.
• W4376869013 cites W4283364176 @default.
• W4376869013 doi "https://doi.org/10.1016/j.irfa.2023.102685" @default.
• W4376869013 hasPublicationYear "2023" @default.
• W4376869013 type Work @default.
• W4376869013 citedByCount "1" @default.
• W4376869013 countsByYear W43768690132023 @default.
• W4376869013 crossrefType "journal-article" @default.
• W4376869013 hasAuthorship W4376869013A5040708596 @default.
• W4376869013 hasAuthorship W4376869013A5047063917 @default.
• W4376869013 hasConcept C10138342 @default.
• W4376869013 hasConcept C105795698 @default.
• W4376869013 hasConcept C144133560 @default.
• W4376869013 hasConcept C162324750 @default.
• W4376869013 hasConcept C163428354 @default.
• W4376869013 hasConcept C166819830 @default.
• W4376869013 hasConcept C175444787 @default.
• W4376869013 hasConcept C181622380 @default.
• W4376869013 hasConcept C184454666 @default.
• W4376869013 hasConcept C2778083465 @default.
• W4376869013 hasConcept C2778348673 @default.
• W4376869013 hasConcept C29122968 @default.
• W4376869013 hasConcept C30472729 @default.
• W4376869013 hasConcept C33923547 @default.
• W4376869013 hasConcept C44750222 @default.
• W4376869013 hasConcept C49630185 @default.
• W4376869013 hasConcept C556758197 @default.
• W4376869013 hasConcept C58202505 @default.
• W4376869013 hasConcept C95383336 @default.
• W4376869013 hasConceptScore W4376869013C10138342 @default.
• W4376869013 hasConceptScore W4376869013C105795698 @default.
• W4376869013 hasConceptScore W4376869013C144133560 @default.
• W4376869013 hasConceptScore W4376869013C162324750 @default.
• W4376869013 hasConceptScore W4376869013C163428354 @default.
• W4376869013 hasConceptScore W4376869013C166819830 @default.
• W4376869013 hasConceptScore W4376869013C175444787 @default.
• W4376869013 hasConceptScore W4376869013C181622380 @default.
• W4376869013 hasConceptScore W4376869013C184454666 @default.
• W4376869013 hasConceptScore W4376869013C2778083465 @default.
• W4376869013 hasConceptScore W4376869013C2778348673 @default.
• W4376869013 hasConceptScore W4376869013C29122968 @default.
• W4376869013 hasConceptScore W4376869013C30472729 @default.
• W4376869013 hasConceptScore W4376869013C33923547 @default.
• W4376869013 hasConceptScore W4376869013C44750222 @default.
• W4376869013 hasConceptScore W4376869013C49630185 @default.
• W4376869013 hasConceptScore W4376869013C556758197 @default.
• W4376869013 hasConceptScore W4376869013C58202505 @default.
• W4376869013 hasConceptScore W4376869013C95383336 @default.
• W4376869013 hasFunder F4320326278 @default.
• W4376869013 hasFunder F4320333642 @default.
• W4376869013 hasLocation W43768690131 @default.
• W4376869013 hasOpenAccess W4376869013 @default.
• W4376869013 hasPrimaryLocation W43768690131 @default.
• W4376869013 hasRelatedWork W1545118467 @default.
• W4376869013 hasRelatedWork W2016508796 @default.
• W4376869013 hasRelatedWork W2172888626 @default.
• W4376869013 hasRelatedWork W2319695589 @default.
• W4376869013 hasRelatedWork W2369440752 @default.
• W4376869013 hasRelatedWork W2386108495 @default.
• W4376869013 hasRelatedWork W2415200609 @default.
• W4376869013 hasRelatedWork W3175483542 @default.

• next