When should companies spend their excess cash?

08/29/2011 | CFO.com

High-growth companies are more likely to persuade investors that holding cash is a good idea, Fortuna Advisors CEO Gregory Milano writes. On the other hand, shareholder return could fall for companies with slower growth if they keep too much cash. Only the strongest companies are in a position to hold more than 15% of their assets in cash, Milano writes.

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