Controlling Mechanism of Agency cost of Free cash Flow : Impact of Leverage,Dividend policy and Voluntarily contribution on Agency Cost of Free Cash Flow:Evidence from Pakistan

ISBN-13: 9783659250408 / Angielski / Miękka / 2012 / 132 str.

Asma Khan; Ahmad Kaleem

Opis

This book illustrates the impact of leverage, dividend policy and voluntarily contribution (donations, charities and kind gift) on Agency cost of free cash flow in Pakistan. The free cash flow is defined as the cash that is in the hand of the manager by paying all the expenditures excluding expenditures such as research and development.The over all value of the firm can be maximized by reducing the agency cost of free cash flow.Firm must devised their financial policies in such a way that reduce agency cost of free cash flow.The content of this book will provide insight on the key financial policies that can be adopted to reduce agency cost of free cash flow.The results of many studies proved that debt, dividend policy and voluntarily contributions are effective mechanism of controlling agency cost of free cash flow.

O autorze

Asma Khan holds a degree of MS in Management sciences from COMSATS Institute of Information and Technology Lahore.Her thesis was on the Impact of leverage , Dividend policy and Voluntarily contribution on Agency cost of Free Cash Flow: Evidence from the non financial sector of Pakistan.She has various ISI publications on the topic of agency cost.