Private non-financial corporations cash research (PNFC): March 2015
Research into firms� cash holdings and capital stocks, using new firm-level data between 2007 and 2012.
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In autumn 2013, the Department for Business, Innovation and Skills (BIS) commissioned AGFE, in partnership with Experian, to:
- research how much cash was being held and by whom
- research whether there was any evidence of cash holdings being excessive i.e. ‘hoarding�
- examine the relationship between firms� cash holdings, their businesses� finances and their capital stocks