… borrowing is expensive), tax motive (multinational companies may keep cash in foreign subsidiaries to avoid the repatriation tax on the profits earned in foreign countries), and agency …
CITATION STYLE
Roy, A. (2018). Corporate Governance and Cash Holdings: An Empirical Investigation of Indian Companies. In Advances in Finance & Applied Economics (pp. 255–280). Springer Singapore. https://doi.org/10.1007/978-981-13-1696-8_16
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