...
  • 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>The quarterly journal of finance >Unlimited FDIC Insurance and the Implications for Corporate Cash
【24h】

Unlimited FDIC Insurance and the Implications for Corporate Cash

机译：无限的FDIC保险和公司现金的影响

获取原文
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

This paper examines the cash management practices of firms during the period of increased FDIC insurance on noninterest-bearing accounts. While the Transaction Account Guarantee Program and Dodd-Frank Act were intended to help banks by preventing deposit withdrawals, they also seem to have contributed to a change in cash management practices given that cash increased at public firms during this time as well. In addition, the increase seems to be driven by financially unconstrained firms, firms not at risk of default, firms with an investment grade bond rating, and firms with low cash flow variation. An analysis of aggregate data shows that a similar increase was not observed for private firms.
机译：本文介绍了在非互连账户上增加了FDIC保险期间的公司现金管理实践。虽然交易账户担保方案和Dodd-Frank法案旨在通过防止存款提款，但它们似乎也为现金管理措施的变化贡献，鉴于此时公共公司的现金增加。此外，增加似乎是由经济不受约束的公司驱动的，公司没有违约风险，具有投资级别债券评级的公司，以及现金流动变化低的公司。对私人公司没有观察到相似增加的分析。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号