Determinants of corporate cash holdings of public listed companies in Malaysia / Nur Nabilah Sukry

Sukry, Nur Nabilah (2017) Determinants of corporate cash holdings of public listed companies in Malaysia / Nur Nabilah Sukry. Degree thesis, Universiti Teknologi MARA, Johor.

Abstract

The purpose of this paper is to understand the motives behind the levels of cash holdings and the theory that may be able to explain why these firms hold so much cash. Annual financial data and stock prices of 34 firms from different sectors on the Bursa Malaysia are collected for the period 2010-2015. The variables used in this study are growth opportunities, firm size, cash flow volatility and leverage for independent variables; and cash holdings for dependent variable. In the "Malaysian Business" magazine, lists the cash holdings of individual Malaysian listed companies which amount to billions of ringgits. This indicates that there are huge levels of cash in Malaysian firms, but whether these figures are optimal for the firms is not known. The large cash holdings of these firms naturally bring to the fore the question of why the firms hold these large hoards of cash when cash is a non-interest/return generating asset.

Metadata

Item Type: Thesis (Degree)
Creators:
Creators
Email / ID Num.
Sukry, Nur Nabilah
2014676328
Contributors:
Contribution
Name
Email / ID Num.
Thesis advisor
Zaharum, Zaibedah
UNSPECIFIED
Subjects: H Social Sciences > HG Finance > Financial management. Business finance. Corporation finance
H Social Sciences > HG Finance > Financial management. Business finance. Corporation finance > Cash position. Cash management
Divisions: Universiti Teknologi MARA, Johor > Segamat Campus > Faculty of Business and Management
Programme: Bachelor of Business Administration (HONS) Islamic Banking
Keywords: cash holdings; firm size; cash flow volatility
Date: 2017
URI: https://ir.uitm.edu.my/id/eprint/94008
Edit Item
Edit Item

Download

[thumbnail of 94008.pdf] Text
94008.pdf

Download (265kB)

Digital Copy

Digital (fulltext) is available at:

Physical Copy

Physical status and holdings:
Item Status:
On Shelf

ID Number

94008

Indexing

Statistic

Statistic details