The Effect of Agency Costs on the Speed of Stock Price Adjustment: Evidence of Tehran Stock Exchange
The investigation of the effects of agency costs on the firms’ performance and investors’ decision is very important. The purpose of this study is to evaluate the effect of agency costs on the speediness of stock price adjustment. To measure the agency costs, three variables of the ratios of operati...
Main Authors: | , , , |
---|---|
Format: | Article |
Language: | fas |
Published: |
Alzahra University
2018-02-01
|
Series: | راهبرد مدیریت مالی |
Subjects: | |
Online Access: | http://jfm.alzahra.ac.ir/article_3156_0002d2ca25d12edbcc14c395e8cc7069.pdf |