Work

Impact of Cash Holding on Firm Performance: Empirical Evidence from Pakistan

Year: 2024

Type: article

Abstract: The study investigates the impact of cash holdings on firm performance, in the presences of firm size, debt ratio, and asset turnover. Using data from 91 firms over a six-year period (2017-2022), the study demonstrates the importance of cash reserves for boosting firm value and operating efficiency. The finding show a positive correlation between liquidity and business performance, emphasizing the strategic importance of cash management in corporate finance. This study, which examines key firm characteristics as well as cash holdings, gives insights into the intricate elements driving corporate success and valuable information for managers and policymakers trying to improve financial strategies for long-term growth.

Source: The Asian Bulletin of Big Data Management

DOI: 10.62019/abbdm.v3i1.250

Authors: Sania Sarfraz Raja, Shahjahan Sarfraz Raja, Eman Zainab, Shahnawaz Sarfraz Raja

Institutions: National University of Modern Languages, University of Sahiwal

Language: English

Topic: Corporate Finance and Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W4405682633

FWCI:

Cites: 7

Cited by:

Related to: 10