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Determinants of corporate cash holdings: An empirical study of Chinese listed firms

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Figure

Table  1  reports  the  descriptive  statistics  for  all  the  variables. In order to deal with extreme outliers, we  winsorize  all  of  the  variables  at  1%  level
Figure  1  plots  the  changes  in  the  average  and  median corporate cash holdings levels from 2012 to  2016

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