Defensive liquidity accumulation vs. offensive investing: corporate strategies during economic crises
Lastochkin, Dimitri (A.A. 2024/2025) Defensive liquidity accumulation vs. offensive investing: corporate strategies during economic crises. Tesi di Laurea in Advanced corporate finance, Luiss Guido Carli, relatore Pierluigi Murro, pp. 55. [Master's Degree Thesis]
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Abstract/Index
Literature review. Liquidity management and cash holdings. Investment. Performance. Research gap and hypothesis development. Methodology. Data source and sample selection. Data cleaning and sample refinement. Variables. Empirical model. Results. Hypothesis 1: firms increase their liquidity holdings during the Covid-19 pandemic and the Russian–Ukrainian war. Hypothesis 2: firms reduce investment expenditures during the Covid-19 pandemic and the Russian–Ukrainian war. Hypothesis 3: higher liquidity holdings during the crisis period are positively associated with firm performance in the post-crisis period. Hypothesis 4: firms that maintain higher investment levels during the crisis period exhibit superior post-crisis performance.
References
Bibliografia: pp. 53-54.
| Thesis Type: | Master's Degree Thesis |
|---|---|
| Institution: | Luiss Guido Carli |
| Degree Program: | Master's Degree Programs > Master's Degree program in Corporate Finance, English language (LM-77) |
| Chair: | Advanced corporate finance |
| Thesis Supervisor: | Murro, Pierluigi |
| Thesis Co-Supervisor: | Altieri, Michela |
| Academic Year: | 2024/2025 |
| Session: | Extraordinary |
| Deposited by: | Alessandro Perfetti |
| Date Deposited: | 15 Jun 2026 15:24 |
| Last Modified: | 15 Jun 2026 15:24 |
| URI: | https://tesi.luiss.it/id/eprint/46159 |
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