Volume : V, Issue : II, February - 2015
Effect of Credit Rating on Cash Holding and Earning Momentum of Indian Companies
Dr. Manminder Singh Saluja, Ms. Anjali Drolia
Abstract :
The paper examines the influence of credit rating given to a firm on their cash holding and earning momentum. The study was done using a random sample of 30 Indian companies from a group of top 200 listed companies on BSE. Using the regression model it was found that credit rating do had a positive and significant impact on both cash holding and earning momentum of a firm. It was observed that companies were pretty much concerned about maintaining their ratings so as to maintain a good financial and in the market.
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DOI : 10.36106/ijar
Cite This Article:
Dr. Manminder Singh Saluja, Ms. Anjali Drolia Effect of Credit Rating on Cash Holding and Earning Momentum of Indian Companies Indian Journal of Applied Research, Vol.5, Issue : 2 February 2015
Number of Downloads : 390
Dr. Manminder Singh Saluja, Ms. Anjali Drolia Effect of Credit Rating on Cash Holding and Earning Momentum of Indian Companies Indian Journal of Applied Research, Vol.5, Issue : 2 February 2015
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