This study examines two conflicting hypotheses. First. based on Myers and Majluf (1984). cash holdings in combination with a higher level of information asymmetry have a positive influence on firm value because the adverse selection costs arising from external finance can be avoided. https://www.diegojavierfares.com/mega-pick-LSU-Tigers-NCAA-Bold-Color-Tote-Bag-p23366-amazing-save/