Agency Cost of Cash Dividend: Free Cash Flow Prospective

被引:0
|
作者
Zhang Liping [1 ]
Li Yanling [1 ]
机构
[1] N China Elect Power Univ, Sch Business Adm, Beijing, Peoples R China
关键词
Free Cash Flow; Cash Dividend; Agency Cost;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
A new free cash flow calculation model is built based on the Jenson's definition to free cash flow in this paper. We may directly found out whether the cash dividend distribution decreases or increases the agency cost.
引用
收藏
页码:1236 / 1238
页数:3
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