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合肥工业大学财务管理原理双语课件Chapter7 Funds Analysis,Cash Flow Analysis,and Financial Planning
合肥工业大学 财务管理原理 双语 课件 Chapter7 Funds Analysis,Cash Flow Analysis,and Financial Planning
2016/12/16
合肥工业大学财务管理原理双语课件Chapter7 Funds Analysis,Cash Flow Analysis,and Financial Planning.
Agency Costs of Free Cash Flow and the Effect of Shareholder Rights on the Implied Cost of Equity Capital
the effect of shareholder rights the cost of equity the impact of agency problems forecast biases
2011/10/13
In this paper, we examine the effect of shareholder rights on reducing the cost of equity and the impact of agency problems from free cash flow (FCF) on this effect. We find that firms with strong sha...