Journal Pre-proof The Determinants of Cash Flow Sensitivity of Cash: The Family Ownership Effect M. Bel ´ en Lozano (Conceptualization) (Methodology), Serhat Yaman (Investigation) (Validation) (Software) PII: S0275-5319(19)30438-6 DOI: https://doi.org/10.1016/j.ribaf.2020.101204 Reference: RIBAF 101204 To appear in: Research in International Business and Finance Received Date: 18 April 2019 Revised Date: 9 February 2020 Accepted Date: 16 February 2020 Please cite this article as: Lozano MB, Yaman S, The Determinants of Cash Flow Sensitivity of Cash: The Family Ownership Effect, Research in International Business and Finance (2020), doi: https://doi.org/10.1016/j.ribaf.2020.101204 This is a PDF ﬁle of an article that has undergone enhancements after acceptance, such as the addition of a cover page and metadata, and formatting for readability, but it is not yet the deﬁnitive version of record. This version will undergo additional copyediting, typesetting and review before it is published in its ﬁnal form, but we are providing this version to give early visibility of the article. Please note that, during the production process, errors may be discovered which could affect the content, and all legal disclaimers that apply to the journal pertain. © 2020 Published by Elsevier.