| dc.contributor.author | Tekin, Hasan | |
| dc.contributor.author | Polat, Ali Yavuz | |
| dc.date.accessioned | 2021-01-16T12:58:38Z | |
| dc.date.available | 2021-01-16T12:58:38Z | |
| dc.date.issued | 2020 | en_US |
| dc.identifier.issn | 2254-4380 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12573/438 | |
| dc.description.abstract | We use a sample of 8,561 firm-years from the highly regulated Main Market (MAIN) and relatively unregulated Alternative Investment Market (AIM) in the United Kingdom to analyse the impact of financial restrictions on optimal cash holdings in the context of financial crises. Employing system generalised methods of moments, we find that AIM firms have a faster adjustment speed of cash as confirmed by precautionary and transaction motives over 2002-2017. However, AIM firms decrease (increase) their adjustment speed of cash more than MAIN firms during (after) the financial crises. | en_US |
| dc.language.iso | eng | en_US |
| dc.publisher | UNIV OVIEDO, CAMPUS HUMANIDADES, EDIFICIO SERVICIOS,, OVIEDO, ASTURIAS 33011, SPAIN | en_US |
| dc.relation.isversionof | 10.17811/ebl.9.2.2020.124-134 | en_US |
| dc.rights | info:eu-repo/semantics/openAccess | en_US |
| dc.subject | adjustment speed | en_US |
| dc.subject | adeurozone debt crisis | en_US |
| dc.subject | financial constraints | en_US |
| dc.subject | global financial crisis | en_US |
| dc.subject | market regulations | en_US |
| dc.title | Is saving vital? Evidence from the financial crisis | en_US |
| dc.type | article | en_US |
| dc.contributor.department | AGÜ, Yönetim Bilimleri Fakültesi, Ekonomi Bölümü | en_US |
| dc.contributor.authorID | 0000-0001-5647-5310 | en_US |
| dc.contributor.authorID | 0000-0003-2855-215X | en_US |
| dc.identifier.volume | Volume: 9 | en_US |
| dc.identifier.issue | 2 | en_US |
| dc.identifier.startpage | 124 | en_US |
| dc.identifier.endpage | 134 | en_US |
| dc.relation.journal | ECONOMICS AND BUSINESS LETTERS | en_US |
| dc.relation.publicationcategory | Makale - Uluslararası - Editör Denetimli Dergi | en_US |
