Research on Relationship between Cash Holdings and Performance of Manufacturing Enterprises

Authors

  • Jingwen Yang

DOI:

https://doi.org/10.54097/yqkrf994

Keywords:

Manufacturing Enterprises, Cash Holdings, Enterprise Performance

Abstract

This paper empirically studies the impact of cash holdings of state-owned or non-state-owned manufacturing enterprises on enterprise performance, with data of manufacturing enterprises listed in Shanghai and Shenzhen A-shares from 2012 to 2018. It is found that the cash holdings can promote the enterprise performance to a certain extent in case of most manufacturing enterprises; Further, such promotion effect is more obvious for the non-state-owned manufacturing enterprises. The research results can be good reference of new ideas and research directions for the research of the cash holdings on the performance of manufacturing enterprises.

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Published

27-06-2024

Issue

Section

Articles

How to Cite

Yang, J. (2024). Research on Relationship between Cash Holdings and Performance of Manufacturing Enterprises. Academic Journal of Management and Social Sciences, 7(3), 15-19. https://doi.org/10.54097/yqkrf994