Free Cash Flow, Agency Theory Dan Signaling Theory: Konsep dan Riset Empiris
<h3>This paper discusses the literature on free cash flow (FCF), which is one source of corporate funding that can be distributed to investors after finance all investments with positive NPV. FCF contain agency problems (Jensen, 1986) giving rise to agency costs such as auditing fees. FCF can...
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| Format: | Article |
| Language: | English |
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Universitas Muhammadiyah Yogyakarta
2016-01-01
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| Series: | Journal of Accounting and Investment |
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| Online Access: | https://journal.umy.ac.id/index.php/ai/article/view/812 |