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Karnal Sher

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Review Open access Sep 2026

The Impact of Cash Holdings on Firm Performance: Panel Evidence from Textile Sector Companies Listed on the Pakistan Stock Exchange (2016–2025)

This paper investigates the effect of cash holdings on the financial performance of textile firms listed on the Pakistan Stock Exchange (PSX) from 2016 to 2025. The cash management policy of firms has been discussed in the literature for many years. On one hand, cash serves as insurance against expensive outside financ...

Karnal Sher · 0 citations

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