DOIONLINE 
DOIONLINE Publish In |
International Journal of Management and Applied Science (IJMAS)-IJMAS |
 Journal Home Volume Issue |
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Issue |
Volume-4,Issue-12 ( Dec, 2018 ) | |||||||||
Paper Title |
Economic Policy Uncertainty and Corporate Financial Policies | |||||||||
Author Name |
Hsien-Yi Chen, Shu-Ling Yang | |||||||||
Affilition |
Asia University & China Medical University, National Taichung University of Science and Technology | |||||||||
Pages |
14-15 | |||||||||
Abstract |
We study the effects of economic policy uncertainty on corporate financial policy. The sample covers the S&P 1500 firms during 1986-2015. The result suggests that when the uncertainty of government economic policies increases, the company will reduce its total liability and long-term liability, increase short-term liability, and reduce cash holdings. Index Terms - Economic policy uncertainty; financial policy | |||||||||
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