An Empirical Study on the Effect of Cash Holdings on the Preference of Market Timing in China Listed Firms;

Effects of Equity Market Timing on Corporate Cash Holdings under the Control of Block-holders;

The Impact of Excess Control of Ultimate Controlling Shareholders on the Value of Cash Holdings;

And listed firms which temporary or continually 2-years or continually 3-years have positive cash holdings,investments that affected by positive excess cash holdings have no benefit to the performance.

On the inquiry determining the optimal cash holding quantity;