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...

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Bibliographic Details
Main Authors: mohammadali aghaii, saeed sirghani, saleh orfizadeh
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