Paper Title :Economic Policy Uncertainty and Corporate Financial Policies
Author :Hsien-Yi Chen, Shu-Ling Yang
Article Citation :Hsien-Yi Chen ,Shu-Ling Yang ,
(2018 ) " Economic Policy Uncertainty and Corporate Financial Policies " ,
International Journal of Management and Applied Science (IJMAS) ,
pp. 14-15,
Volume-4,Issue-12
Abstract : We study the effects of economic policy uncertainty on corporate financial policy. The sample covers the S&P
1500 firms during 1986-2015. The result suggests that when the uncertainty of government economic policies increases, the
company will reduce its total liability and long-term liability, increase short-term liability, and reduce cash holdings.
Index Terms - Economic policy uncertainty; financial policy
Type : Research paper
Published : Volume-4,Issue-12
Copyright: © Institute of Research and Journals
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Published on 2019-03-05 |
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