Saving Cash from Share Issuance and Agency Problem of Free Cash Flow
碩士 === 國立成功大學 === 財務金融研究所 === 102 === This paper examines whether cash-rich firms accumulating cash from share issuance are still likely to demonstrate agency problem by undertaking value-decreasing acquisitions. Agency problem of free cash flow predicts cash-rich acquirers to engage in value-decrea...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2014
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| Online Access: | http://ndltd.ncl.edu.tw/handle/694htq |