2Almeida H, Campello M, Weisbach M S. The cash flow sensitivity of cash[]. The Journal of Finance, 2004, 59(4): 1777-1804.
3Baumol W J. The transactions demand for cash: An inventory theoretic approach [J]. Quarterly journal of Economics,1952,66 (4): 545-556.
4Hart S, Qiu J. Corporate precautionary cash holdings[J]. Journal of Corporate Finance, 2007,13( 1 ): 43-57.
5Jensen M C. Agency costs of free csh flow, corporate finance, and takeovers[J]. The American economic review, 1986,76(2):323-329.
6Miller M H,Orr D. A Model of the Demand for Money by Firms [J]. The Quarterly Journal of Economics, 1966,80( 3 ): 413-435.
7Myers S C,Majluf N S. Corporate financing and investment decisions when firms have information that investors do not have[J]. Journal of financial economics, 1984,13(2): 187-221.
8Opler T,Pinkowitz L,Stulz R,et aLThe determinants and implications of corporate cash holdings [J]. Journal of Financial Economics, t999,52(1 ): 3-46.
9Riddick L A, Whited T M. The corporate propensity to save [J]. The Journal of Finance, 2009,64(4):1729-1766.
