CEIBS China Knowledge
About This Show
CEIBS provides China knowledge within a global context. Our CEIBS Knowledge podcast features the latest research & insights from our faculty. New episodes are released on iTunesU, Stitcher and Blogger. Find the video version on iTunes U and Blogger.
Headquartered at its largest campus in Shanghai, China Europe International Business School (CEIBS) is mainland China's leading business school, with three programmes globally ranked by the Financial Times.
Most Recent Episode
US MNCs foreign cash worth less?
3 days ago
CEIBS Professor of Finance Cong Wang and his co-authors, Prof. Jarrad Harford of University of Washington and Kuo Zhang of Xiamen University, looked at a sample of US-listed multinational firms that disclose their foreign cash holdings. The findings show that the more cash a firm holds overseas, the lower shareholders value that cash. The researchers also found that firms with large cash holdings overseas tend to under-invest domestically and over-invest abroad. Read more about Prof. Cong Wang's research on this topic here.