The moderating role of agency costs on the impact of free cash flow on firm performance: Evidence from the Philippines
The argument of Jensen and Meckling (1976) about the self-interest motive of managers that could potentially destroy shareholders wealth has opened doors for researches relating to agency theory. The free cash flow hypothesis proposed by Jensen extended the knowledge about the opportunistic behavior...
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| Format: | text |
| Language: | English |
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Animo Repository
2018
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| Subjects: | |
| Online Access: | https://animorepository.dlsu.edu.ph/etd_masteral/5511 |
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| Institution: | De La Salle University |
| Language: | English |