文章基本信息

标题：The Impact of Social Relationship between CEO and CFO on Cash Holdings in Chinese Listed Firms
本地全文：下载
作者：Zhiqiang Ye ; Xiaomeng Wang ; Jiawen Yu 等
期刊名称：Modern Economy
印刷版ISSN：2152-7245
电子版ISSN：2152-7261
出版年度：2021
卷号：12
期号：4
页码：764-774
DOI：10.4236/me.2021.124037
语种：English
出版社：Scientific Research Publishing
摘要：A company’s cash holdings are closely related to its performance and market capitalization, as well as the decision preference and management mode of managers. Among the factors affecting cash holdings, the social relationship between the most two important executives of a company, CEO and CFO, plays an important role. Accordingly, this paper studies the influence of fellow villagers’ relationship and alumni’s relationship on cash holdings of listed companies, which not only enriches the literature about the impact factors of CEO-CFO social relationship, but also provides practical guidance for cash holding adjustments of listed companies.
关键词：CEO-CFO;Social Relationship;Cash Holdings;Company Value