Notice of RetractionResearch on the rule of firm cash holdings value

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

Firm have much of cash in hand at large. Therefore, cash holdings literature focous on affect cash holdigns factors. However, Research of law of cash holdings value is omited. This research focus analysis law of cash holdings value by dividied whole sample into sub-samples from cash holdings status and firm life cycle. We find cash holdings exist diminishing marginal cash value law and reverse “u-shape” law in firm life cycle.