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US corporations are now sitting on an enormous stockpile of cash. Instead of investing their resources and creating jobs, the firms are holding on to excess cash. Academicians and practitioners alike have tried to fathom the reasons why companies are holding on to so much cash. Numerous studies have talked about the various motives for holding cash. Many researchers have tried to correlate excess cash holding with particular firm characteristics. The purpose of this paper is to study the correlations that exist between excess cash holding and some measurable managerial characteristics.

Four different measures of managerial horizon (MH) were constructed. The first two constructs (MH1 and MH2) are based on the CEO’s age and how long he has been the CEO of the company. The next two constructs (MH3 and MH4) are based on compensation, proportion of current compensation and proportion of future compensation. This paper tries to examine if MH has any impact on excess cash holding.

The results clearly show that the CEO age and the proportion of CEO’s compensation (current and future) do determine level of cash holding in the company. Younger CEOs hold more cash compared to older CEOs. Older CEOs hold less cash suggesting that as CEOs grow older they might be motivated by the idea of leaving a long lasting legacy. CEOs who receive more of their compensation in future payments also hold on to more cash, whereas CEOs who receive more of their compensation in current payments hold less cash.

There is no previous literature dealing with MH and cash holding by corporations.

“Know thyself” helps one to decide the career goal of his/her life and enables one to become self-concordant. In this context, the present work aims to discern the childhood interests (CI) of the HR professionals vis-à-vis their relevance.

The current study is grounded on two theoretical perspectives such as Socio-Cognitive Career Theory (SCCT) and Holland Theory of Career Choice (HTCC). In this regard, a mixed methodology has been applied. The research has been carried out in two phases. In the first phase, a focused group of experienced HR professionals was interviewed to understand their CI and their relevance to the HR profession through a qualitative analysis method such as narrative analysis. In the second phase, an Intuitionistic Fuzzy Number-based Full Consistency Method (FUCOM) is applied to find out the dominant CI based on the ratings given by 423 Indian HR professionals.

All professionals agreed that their CI have helped them perform in their profession. The research identifies five themes or main attributes of personality: Creative (Aesthetic-Non Verbal/Cultural), Communicative (Verbal/ Expressive Activities), People friendliness (Social Contribution), Socially Inclusive (Sociological leadership interest) and Physical Activity (Kinesthetic interests) with 24 subattributes (i.e. childhood interests). It is found that intrinsic interests in societal contributions have been a dominant feature since the childhood days of HR professionals. In all cases, FUCOM shows a very small DFC value <0.00005.

The research provides an important direction to the decision-makers for policy making and aspiring professionals an essential impetus to career planning.

This study is a rare one to discern CI using a mixed methodology for Indian HR professionals.