Correction: Exacerbate or alleviate? Impact of economic policy uncertainty on excess cash holdings

There is a strong inverse relationship between economic policy uncertainty and its squared term with excess cash holdings, suggesting that the reduction in cash holdings becomes more pronounced as uncertainty increases, showing a nonlinear impact trend." This has been corrected to:"There is a statistically significant relationship between economic policy uncertainty and its squared term with excess cash holdings, suggesting that the reduction in cash holdings becomes more pronounced as uncertainty increases, showing a nonlinear impact trend.