The Impact of Free Cash Flow and Growth Opportunity on Disclosure Quality and Stock Return Synchronicity
This paper is aimed to investigate whether Jensen's free cash flow problem increases stock return synchronicity or not. Based on the previous studies, this is expected that low-growth firms with high free cash flow increase stock return synchronicity by decreasing disclosure quality. This resea...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | fas |
Published: |
Alzahra University
2017-10-01
|
Series: | پژوهشهای تجربی حسابداری |
Subjects: | |
Online Access: | http://jera.alzahra.ac.ir/article_2943_f0340b78d203b2ca6df192260e6281cc.pdf |