Naveed Jan*, Hicham Sadok
Recently, the controversy over companies' cash and cash equivalents has attracted more coverage in the business investment collected works. Business economics concepts propose conflicting theories on the correlation among money holding and business consequences. This analysis uses a section of businesses registered on the Moroccan Stock Exchange (MSE) in the 2007-2018 periods to empirically analyze the association among money and business results. This research shows that cash is positively linked to business results, adapting to overlooked heterogeneity and other characteristics of the business.
Published Date: 2021-03-31; Received Date: 2021-02-01