Skip to main content



CEO Overconfidence and the Speed of Adjustment of Cash Holdings

Firms hold cash for several reasons, e.g., to seize strategic opportunities as they arise or as a buffer against unexpected shocks. While research has focused on the question as to how much cash a firm should hold, it has mostly ignored how quickly firms move back to their optimal or target cash holdings level once they have been pushed away from that level. Read more here.

Latest posts

Corporate Control Across The World

How Female Directors Affect Dividend Policy

Corporate Governance for New Ventures - Course Outline

When Women Are on Boards, Male CEOs Are Less Overconfident

Trust and Shareholder Voting

How an Issuer’s Multiple Credit Ratings Can Affect Its IPO

Firms’ Rationales for CEO Duality: Evidence from a Mandatory Disclosure Regulation

Chapter 1 - "Corporate Governance. A Global Perspective" - Multiple-choice Quiz

Corporate Governance Course

Too Much of a Good Thing Is Not Necessarily Better