表題番号:2021C-418 日付:2021/10/14
研究課題Cash Holding of Private and Public Firms
研究者所属(当時) 資格 氏名
(代表者) 政治経済学術院 政治経済学部 講師 グエン ドゥク ジャン
(連携研究者) Waseda University Thanh Nguyen
研究成果概要

This research investigates the differences between public and private firms in Japan, with a focus on corporate cash holdings. Data of Japanese corporations from 2011 to 2019 shows that public firms hold more cash than private firms consistently, and the gap widens over time. The research results help to deepen the understanding of Japanese firms and hence act as meaningful references to investors, corporate executives, and policymakers adjusting cash holding policies, thus highlighting relevance to the Japanese economy.