Blar i Master Thesis på forfatter "Aarnes, Øyvind"
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Corporate cash holdings : an empirical comparison of Norwegian public and private firms
Aarnes, Øyvind; Rønneberg, Kjetil (Master thesis, 2015)Analyzing Norwegian firms, we find that public firms hold more cash and have lower operating performance, compared to private firms. These results indicate presence of agency costs in public firms, which lead to cash ...