Investigation of the Outcomes Resulting from Managers' Myopia Based on Agency Theory and Free Cash Flow Hypothesis

The purpose of this study is to investigate the relationship between free cash flows and stock return considering managers' myopia. Two hypotheses have been designed and tested, selecting 96 firms from accepted companies in the Tehran Stock Exchange for six-year period from 2005 to 2010 and usi...

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Bibliographic Details
Main Authors: Javad Moradi, Fatemeh Keshavarz
Format: Article
Language:fas
Published: University of Tehran 2017-02-01
Series:بررسی‌های حسابداری و حسابرسی
Subjects:
Online Access:https://acctgrev.ut.ac.ir/article_60858_b861fd7e84e52c024d886a8107285c66.pdf