The Effect of Agency Costs on the Speed of Stock Price Adjustment: Evidence of Tehran Stock Exchange

The investigation of the effects of agency costs on the firms’ performance and investors’ decision is very important. The purpose of this study is to evaluate the effect of agency costs on the speediness of stock price adjustment. To measure the agency costs, three variables of the ratios of operati...

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Bibliographic Details
Main Authors: Ali Asghar Zamani, Ali Asghar Anvary Rostamy, Younes Badavar Nahandi, Ali Saeedi
Format: Article
Language:fas
Published: Alzahra University 2018-02-01
Series:راهبرد مدیریت مالی
Subjects:
Online Access:http://jfm.alzahra.ac.ir/article_3156_0002d2ca25d12edbcc14c395e8cc7069.pdf