Matches in SemOpenAlex for { <https://semopenalex.org/work/W4385595909> ?p ?o ?g. }
Showing items 1 to 96 of
96
with 100 items per page.
- W4385595909 abstract "Purpose In the recent wake of environmental sustainability, more attention has been paid to the consumption of specific energy types. However, how the consumption of such energy alternatives influences multiple corporate-level decisions has not yet been well explored in the literature. The current analysis bridges this deficiency in literature by exploring the empirical relationship between energy alternatives and cash holdings. Design/methodology/approach For empirical analysis, the authors sample the non-financial sector enterprises founded in five BRICS economies and employ the system GMM and fully modified ordinary least square techniques to establish the regression. The selection of econometric techniques is subject to the existence of endogeneity and cointegration. Findings The estimated coefficients reveal a significant negative effect of renewable energy (REC) while a significant positive impact of non-renewable energy consumption (FFE) on cash holdings. Referring to low pollution emissions, less operational risk and a cheap source of energy, the more consumption of renewable energy reduces the motives of cash holdings. Primarily, the current analysis advocates an important policy regarding the utilization of renewable energy as industrial fuel inputs because it has a material impact on cash holdings and also ensures environmental sustainability. Practical implications This study has equal policy outputs for industry officials, policy regulators and environmental economists. Corporate managers should do more focus on transforming the energy needs from non-renewable to renewable as such transformation can benefit in terms of both, i.e. environmental sustainability and low cash holdings. Originality/value Contemporary literature mainly highlights the determinants of energy consumption. However, it is less known how the consumption of specific energy sources affects the firm's cash-holding decisions. Thus, this study enriches both energy economics and financial economics literature by offering cutting-edge evidence on the sustainable role of REC in declining cash holdings." @default.
- W4385595909 created "2023-08-05" @default.
- W4385595909 creator A5042307479 @default.
- W4385595909 creator A5042453381 @default.
- W4385595909 creator A5056078859 @default.
- W4385595909 date "2023-08-07" @default.
- W4385595909 modified "2023-09-27" @default.
- W4385595909 title "Asymmetric effect of renewable and non-renewable energy consumptions on corporate cash holdings: new panel data evidence from BRICS economies" @default.
- W4385595909 cites W2025161033 @default.
- W4385595909 cites W2035554302 @default.
- W4385595909 cites W2067402622 @default.
- W4385595909 cites W2117513178 @default.
- W4385595909 cites W2902175223 @default.
- W4385595909 cites W2925319488 @default.
- W4385595909 cites W2946191656 @default.
- W4385595909 cites W2981275529 @default.
- W4385595909 cites W3016385044 @default.
- W4385595909 cites W3032916621 @default.
- W4385595909 cites W3089896938 @default.
- W4385595909 cites W3108786860 @default.
- W4385595909 cites W3109147350 @default.
- W4385595909 cites W3124114405 @default.
- W4385595909 cites W3124776244 @default.
- W4385595909 cites W3125737136 @default.
- W4385595909 cites W3138722501 @default.
- W4385595909 cites W3141767598 @default.
- W4385595909 cites W3176895941 @default.
- W4385595909 cites W3194697589 @default.
- W4385595909 cites W3198210408 @default.
- W4385595909 cites W3202398879 @default.
- W4385595909 cites W3206687368 @default.
- W4385595909 cites W3209825167 @default.
- W4385595909 cites W3211626219 @default.
- W4385595909 cites W4200460683 @default.
- W4385595909 cites W4212887617 @default.
- W4385595909 cites W4212966283 @default.
- W4385595909 cites W4230644069 @default.
- W4385595909 cites W4281959323 @default.
- W4385595909 doi "https://doi.org/10.1108/k-02-2023-0216" @default.
- W4385595909 hasPublicationYear "2023" @default.
- W4385595909 type Work @default.
- W4385595909 citedByCount "0" @default.
- W4385595909 crossrefType "journal-article" @default.
- W4385595909 hasAuthorship W4385595909A5042307479 @default.
- W4385595909 hasAuthorship W4385595909A5042453381 @default.
- W4385595909 hasAuthorship W4385595909A5056078859 @default.
- W4385595909 hasConcept C100001284 @default.
- W4385595909 hasConcept C119599485 @default.
- W4385595909 hasConcept C127413603 @default.
- W4385595909 hasConcept C134560507 @default.
- W4385595909 hasConcept C144024400 @default.
- W4385595909 hasConcept C144133560 @default.
- W4385595909 hasConcept C149782125 @default.
- W4385595909 hasConcept C162324750 @default.
- W4385595909 hasConcept C175605778 @default.
- W4385595909 hasConcept C188573790 @default.
- W4385595909 hasConcept C18903297 @default.
- W4385595909 hasConcept C2780165032 @default.
- W4385595909 hasConcept C30772137 @default.
- W4385595909 hasConcept C36289849 @default.
- W4385595909 hasConcept C6422946 @default.
- W4385595909 hasConcept C66204764 @default.
- W4385595909 hasConcept C86803240 @default.
- W4385595909 hasConceptScore W4385595909C100001284 @default.
- W4385595909 hasConceptScore W4385595909C119599485 @default.
- W4385595909 hasConceptScore W4385595909C127413603 @default.
- W4385595909 hasConceptScore W4385595909C134560507 @default.
- W4385595909 hasConceptScore W4385595909C144024400 @default.
- W4385595909 hasConceptScore W4385595909C144133560 @default.
- W4385595909 hasConceptScore W4385595909C149782125 @default.
- W4385595909 hasConceptScore W4385595909C162324750 @default.
- W4385595909 hasConceptScore W4385595909C175605778 @default.
- W4385595909 hasConceptScore W4385595909C188573790 @default.
- W4385595909 hasConceptScore W4385595909C18903297 @default.
- W4385595909 hasConceptScore W4385595909C2780165032 @default.
- W4385595909 hasConceptScore W4385595909C30772137 @default.
- W4385595909 hasConceptScore W4385595909C36289849 @default.
- W4385595909 hasConceptScore W4385595909C6422946 @default.
- W4385595909 hasConceptScore W4385595909C66204764 @default.
- W4385595909 hasConceptScore W4385595909C86803240 @default.
- W4385595909 hasLocation W43855959091 @default.
- W4385595909 hasOpenAccess W4385595909 @default.
- W4385595909 hasPrimaryLocation W43855959091 @default.
- W4385595909 hasRelatedWork W2037801628 @default.
- W4385595909 hasRelatedWork W2296062913 @default.
- W4385595909 hasRelatedWork W2375480182 @default.
- W4385595909 hasRelatedWork W2502168120 @default.
- W4385595909 hasRelatedWork W2913440385 @default.
- W4385595909 hasRelatedWork W3010585254 @default.
- W4385595909 hasRelatedWork W4290997474 @default.
- W4385595909 hasRelatedWork W4386147863 @default.
- W4385595909 hasRelatedWork W2114070513 @default.
- W4385595909 hasRelatedWork W2811474778 @default.
- W4385595909 isParatext "false" @default.
- W4385595909 isRetracted "false" @default.
- W4385595909 workType "article" @default.