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Data

18 May 2016 RDP 2016-03
Gianni La Cava and Callan Windsor
RDP 2016-03: Why Do Companies Hold Cash? 4. Data. Gianni La Cava and Callan Windsor. Download the Paper 1.07. MB. To examine corporate cash holding behaviour we utilise two unique sources of Australian company-level panel data that cover both public
https://www.rba.gov.au/publications/rdp/2016/2016-03/data.html

Extensions and Robustness Tests

18 May 2016 RDP 2016-03
Gianni La Cava and Callan Windsor
RDP 2016-03: Why Do Companies Hold Cash? 7. Extensions and Robustness Tests. Gianni La Cava and Callan Windsor. May 2016. Download the Paper 1.07. MB. In this section we further examine the role of agency costs and financing frictions in determining
https://www.rba.gov.au/publications/rdp/2016/2016-03/extensions-and-robustness-tests.html

Results

18 May 2016 RDP 2016-03
Gianni La Cava and Callan Windsor
RDP 2016-03: Why Do Companies Hold Cash? 6. Results. Gianni La Cava and Callan Windsor. Download the Paper 1.07. MB. The results of estimating Equation (2) are shown in Table 4. The pooled ordinary least squares (OLS) estimates indicate that public
https://www.rba.gov.au/publications/rdp/2016/2016-03/results.html

Why Do Companies Hold Cash?

1 May 2016 RDP 2016-03
Gianni La Cava and Callan Windsor
https://www.rba.gov.au/publications/rdp/2016/2016-03/full.html

Identification

18 May 2016 RDP 2016-03
Gianni La Cava and Callan Windsor
RDP 2016-03: Why Do Companies Hold Cash? 3. Identification. Gianni La Cava and Callan Windsor. Download the Paper 1.07. MB. We take two separate approaches to identify the determinants of company cash in Australia. First, we compare the cash
https://www.rba.gov.au/publications/rdp/2016/2016-03/identification.html

Introduction

18 May 2016 RDP 2016-03
Gianni La Cava and Callan Windsor
RDP 2016-03: Why Do Companies Hold Cash? 1. Introduction. Gianni La Cava and Callan Windsor. Download the Paper 1.07. MB. By international standards, Australian non-financial companies hold relatively high levels of currency and deposits, or
https://www.rba.gov.au/publications/rdp/2016/2016-03/introduction.html