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Applied Corporate Risk and Liquidity Management - Lie, Erik
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Cash holdings play a critical role for all corporations. They serve as a source of funding for investment projects that create value for shareholders and as a cushion against costly financial distress. On the other hand, excess cash holdings can induce wasteful spending and attract unwanted attention from labor unions and activist investors. In Applied Corporate Risk and Liquidity Management, Erik Lie brings risk management and liquidity management together to explore how corporations can ensure they have sufficient--but ...

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Applied Corporate Risk and Liquidity Management 2022, Oxford University Press, USA

ISBN-13: 9780197664995

Hardcover