Agency Problems and Audit Fees Further Tests of the Free Cash Flow Hypothesis
We expect that the auditors assess higher risks and expend more effort to address the agency problems of FCF and growth opportunities. Companies often use debt and dividend to monitor (and mitigate) the agency problems of FCF, as these reduce the funds available to managers. This study provides furt...
| Main Authors: | , , |
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| Format: | Article |
| Language: | fas |
| Published: |
University of Tehran
2012-07-01
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| Series: | بررسیهای حسابداری و حسابرسی |
| Subjects: | |
| Online Access: | https://acctgrev.ut.ac.ir/article_29201_e322e878e0a1f9ae1337b2bc68e490f8.pdf |