Finance Series 05 Mar 2020 CEO Overconfidence and the Speed of Adjustment of Cash Holdings Izidin El Kalak Marc Goergen Yilmaz Guney CEO Leverage Risk
08 Apr 2020 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 abuffer against unexpected shocks.