Results 281 to 290 of about 816,712 (349)

Nurturing Care Systems Underlying Early Childhood Food Insecurity in Brazil: A Causal Loop Diagram Approach. [PDF]

open access: yesMatern Child Nutr
Buccini G   +5 more
europepmc   +1 more source

Over-investment of free cash flow

Review of Accounting Studies, 2006
This paper examines the extent of firm level over-investment of free cash flow. Using an accounting-based framework to measure over- investment and free cash flow, I find evidence that, consistent with agency cost explanations, over-investment is concentrated in firms with the highest levels of free cash flow.
Scott Richardson
semanticscholar   +4 more sources

Agency Costs of Free Cash Flow

SSRN Electronic Journal, 2015
Free Cash Flow (FCF) agency conflicts exist when managers divert cash flow for private benefits. We identify the impact of unobservable FCF conflicts on firm policy using a structural approach. Measurement equations are constructed based on observable managerial choices: payout policy changes and personal portfolio decisions around exogenous tax rate ...
Indraneel Chakraborty   +3 more
openaire   +2 more sources

Free Cash Flow Disclosure in Earnings Announcements

Journal of Financial Reporting, 2023
ABSTRACT More companies are disclosing free cash flow in their earnings announcements. Companies choose a range of definitions, almost none of which correspond to the theoretical finance definition. The most common definition (in 40 percent of free cash flow disclosures) is operating cash flow minus gross capital expenditures.
Katharine W. Adame   +3 more
openaire   +2 more sources

Board gender diversity, financial decisions and free cash flow: empirical evidence from Malaysia

Management Research Review, 2021
Purpose This study aims to explore the role of board gender diversity in enhancing the allocation of free cash flow (FCF). It examines the direct effect of board gender diversity, as well as its indirect effect, through debt and dividend policies, on ...
Moncef Guizani, Gaafar Abdalkrim
semanticscholar   +1 more source

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