The Impact of Organizational Characteristics on Corporate Cash Holdings: Evidence from Saudi Arabia During COVID-19 Period

The article investigates the level and financial determinants of corporate cash holdings in the kingdom of Saudi Arabia during the COVID-19 period, at the beginning we reviewed the academic accounting literature to develop the theoretical framework of corporate cash holdings in terms of definition, motivations, and theories, then to conduct our empirical study we use a sample consisted of the largest 50 corporations listed in the Saudi stock market, going further, the corporate cash holdings mean was 14.96% during the study period, the article's results prove empirically a positive relation between corporate cash holdings, leverage, and ownership concentration among the sample corporations. and a negative relationship between corporate cash holdings, corporate size, cash flow, growth opportunities, working capital, and dividends, finally, the article results will add to the academic accounting literature and help researchers and corporations' management to understand the financial determinants, motivates, theories and the optimal amount of corporate cash holdings based on scientific evidence.