Agency cost and long run performance of debt issuers

• Main Authors: Ibrahim, Yusnidah, Uddin, Md Mohan, Taufil Mohd, Kamarun Nisham, Minai, Mohd Sobri
• 格式: Conference or Workshop Item
• 语言: English
• 出版: 2011
• 主题: HG Finance
• 在线阅读: http://repo.uum.edu.my/9095/1/25-IC.pdf; http://repo.uum.edu.my/9095/; http://ipedr.com/list-41-1.html

This study focuses on the agency costsexplanation of long run performance of debt issuers based on debt issuance data in Malaysia during January 2001 to October 2009.Long run performance is measured (BHAR) while growth opportunity (GO), ownership concentration (OC) and free cash flow (FCF) are adopt...