English, Article edition: Nonlinear target adjustment in corporate liquidity management: an endogenous thresholds approach W. Allard Bruinshoofd; Clemens Kool

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Bookmark: http://trove.nla.gov.au/version/51247
Physical Description
  • article
Language
  • English

Edition details

Title
  • Nonlinear target adjustment in corporate liquidity management: an endogenous thresholds approach
Author
  • W. Allard Bruinshoofd
  • Clemens Kool
Physical Description
  • article
Notes
  • We provide new empirical evidence on nonlinear liquidity management in Dutch firms. Our results reveal that liquidity adjustment from below the target is significantly faster than from above. We find no evidence for bands of inaction around the target.
  • RePEc:taf:applec:v:41:y:2009:i:17:p:2125-2131
Language
  • English
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