A study on agency costs: The relationship of the free cash flow hypothesis to sales growth and firm performance
The paper tests the agency argument if free cash flow contributes to higher sales growth. It also tests if firm performance is negatively affected by free cash flow. And it finally test if governance controls help mitigate such effects to the performance in relation to its sales growth. The related...
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Main Authors: | , , , |
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Format: | text |
Language: | English |
Published: |
Animo Repository
2013
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Subjects: | |
Online Access: | https://animorepository.dlsu.edu.ph/etd_bachelors/11567 |
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Institution: | De La Salle University |
Language: | English |