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.roneverhart.com/Jelly-Belly-Sparkling-Rose-Jelly-Beans-1-5-Ounce-Bottles-24-Piece-Box/