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    WHY DO VIETNAMESE FIRMS HOLD CASH? by Nguyễn Thanh Hồng Ân, Hoàng Mai Phương

    Published 2020-12-01
    “…Using a dataset of 199 companies listed on the Ho Chi Minh City Stock Exchange in the period from 2011 to 2018, statistical analyses indicate that the median level of cash holding by net assets of Vietnamese firms is about 5.9%, which is lower than firms in many countries in the region. …”
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