ESG controversies and corporate cash holdings: do CEO gender and economic policy uncertainty matter?

Key Points

• Corporate cash holdings vary significantly based on CEO gender, indicating potential gender differences in risk appetite.
• The analysis shows that economic policy uncertainty influences corporate cash strategies substantially, necessitating careful financial planning.
• Observational analysis highlights that ESG controversies add another layer of complexity to corporate cash management practices.
• Understanding these dynamics can guide companies in optimizing their financial strategies amid regulatory and social pressures.