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Is the free cash flow hypothesis valid in Turkey?
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Is the free cash flow hypothesis valid in Turkey? (2017)Is the free cash flow hypothesis valid in…Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets (2011)Financial Reporting Quality a…Over-investment of free cash flow (2006)Over-investment of free cash …Capital Investments and Stock Returns (2004)Capital Investments and Stock…Testing for unit roots in heterogeneous panels (2003)Testing for unit roots in het…Unit root tests in panel data: asymptotic and finite-sample properties (2002)Unit root tests in panel data…The determinants and implications of corporate cash holdings (1999)The determinants and implicat…Agency Problems and Dividend Policies Around the World (1998)Agency Problems and Dividend …Leverage, investment, and firm growth (1996)Leverage, investment, and fir…The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)The Modern Industrial Revolut…A test of the free cash flow hypothesis (1991)A test of the free cash flow …Free Cash Flow and Stockholder Gains in Going Private Transactions (1989)Free Cash Flow and Stockholde…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Two Agency-Cost Explanations of Dividends (1984)Two Agency-Cost Explanations …GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)GROWTH, BETA AND AGENCY COSTS…Distribution of the Estimators for Autoregressive Time Series with a Unit Root (1979)Distribution of the Estimator…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Determinants of Dividend Payout Policy: More Evidence From Emerging Markets of G20 Bloc (2024)Determinants of Dividend Payo…SERBEST NAKİT AKIŞLARI, TEMSİL MALİYETLERİ VE FİRMA PERFORMANSI ARASINDAKİ İLİŞKİ: BİST’TE İŞLEM GÖREN FİRMALAR ÜZERİNE BİR ARAŞTIRMA (2022)SERBEST NAKİT AKIŞLARI, TEMSİ…Agency costs and auditor choice: moderating role of board’s expertise and internal control (2022)Agency costs and auditor choi…Analysing the Impacts of Free Cash Flow, Agency Cost and Firm Performance in Public Listed Companies in Malaysia (2021)Analysing the Impacts of Free…PENGARUH FREE CASH FLOW, PERTUMBUHAN PERUSAHAAN, RETURN ON ASSETS, CASH RATIO, DEBT TO EQUITY RATIO DAN FIRM SIZE TERHADAP KEBIJAKAN DIVIDEN (Studi Empiris pada Perusahaan Sektor Industri Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Periode 2015 (2020)PENGARUH FREE CASH FLOW, PERT…Firm Leverage, Agency Costs and Firm Performance: An Empirical Research on Service Firms in Turkey (2019)Firm Leverage, Agency Costs a…Dividend policy, investment opportunity set, free cash flow, and company performance: Indonesian’s agricultural sector (2019)Dividend policy, investment o…The mediating effect of dividend payout on the relationship between internal governance and free cash flow (2018)The mediating effect of divid…Does reputation matter in the dividend smoothing policy of emerging market firms? Empirical evidence from India (2018)Does reputation matter in the…Testing the Relationship between Free Cash Flow and Company Performance in Borsa Istanbul (2017)Testing the Relationship betw…A Monetary History of the United States 1867-1960 (1964)Time Series Analysis Forecasting and Control. (1971)Time Series Analysis: Forecasting and Control (1977)Statistical analysis of cointegration vectors (1988)Bounds testing approaches to the analysis of level relationships (2001)Testing for a Unit Root in Time Series Regression (1988)PANEL COINTEGRATION: ASYMPTOTIC AND FINITE SAMPLE PROPERTIES OF POOLED TIME SERIES TESTS WITH AN APPLICATION TO THE PPP HYPOTHESIS (2004)A simple panel unit root test in the presence of cross‐section dependence (2007)Distribution of the Estimators for Autoregressive Time Series With a Unit Root (1979)A Comparative Study of Unit Root Tests with Panel Data and a New Simple Test (1999)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Agency Problems and the Theory of the Firm (1980)Efficient Capital Markets: II (1991)Corporate financing and investment decisions when firms have information that investors do not have (1984)A Survey of Corporate Governance (1997)How does financial reporting quality relate to investment efficiency? (2009)Government intervention and investment efficiency: Evidence from China (2010)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)Law and Finance (1998)Investor protection and corporate governance (2000)Investor Protection and Corporate Valuation (2002)The Economic Consequences of Legal Origins (2008)Performance Pay and Top-Management Incentives (1990)Agency costs of free cash flow, corporate finance, and takeovers (1996)Higher market valuation of companies with a small board of directors (1996)Corporate governance, chief executive officer compensation, and firm performance (1999)Risk, Return, and Equilibrium: Empirical Tests (1973)The theory and practice of corporate finance: evidence from the field (2001)The Cash Flow Sensitivity of Cash (2004)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1979Distribution of the Estimators for Autoregressive Time Series with a Unit Root23,183 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 2003Testing for unit roots in heterogeneous panels15,333 cited
  • 2002Unit root tests in panel data: asymptotic and finite-sample properties12,832 cited
  • 1993The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems8,544 cited
  • 1999The determinants and implications of corporate cash holdings3,910 cited
  • 1998Agency Problems and Dividend Policies Around the World3,179 cited
  • 1984Two Agency-Cost Explanations of Dividends3,109 cited
  • 2006Over-investment of free cash flow2,918 cited
  • 1982GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS1,728 cited
  • 2004Capital Investments and Stock Returns1,411 cited
  • 1996Leverage, investment, and firm growth1,304 cited
  • 2011Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets1,260 cited
  • 1989Free Cash Flow and Stockholder Gains in Going Private Transactions

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1,097 cited
  • 1991A test of the free cash flow hypothesis1,068 cited
  • Cited by

    • 2018The mediating effect of dividend payout on the relationship between internal governance and free cash flow38 cited
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    • 2024Determinants of Dividend Payout Policy: More Evidence From Emerging Markets of G20 Bloc19 cited
    • 2022SERBEST NAKİT AKIŞLARI, TEMSİL MALİYETLERİ VE FİRMA PERFORMANSI ARASINDAKİ İLİŞKİ: BİST’TE İŞLEM GÖREN FİRMALAR ÜZERİNE BİR ARAŞTIRMA19 cited
    • 2019Firm Leverage, Agency Costs and Firm Performance: An Empirical Research on Service Firms in Turkey17 cited
    • 2018Does reputation matter in the dividend smoothing policy of emerging market firms? Empirical evidence from India15 cited
    • 2020PENGARUH FREE CASH FLOW, PERTUMBUHAN PERUSAHAAN, RETURN ON ASSETS, CASH RATIO, DEBT TO EQUITY RATIO DAN FIRM SIZE TERHADAP KEBIJAKAN DIVIDEN (Studi Empiris pada Perusahaan Sektor Industri Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Periode 201514 cited
    • 2021Analysing the Impacts of Free Cash Flow, Agency Cost and Firm Performance in Public Listed Companies in Malaysia14 cited
    • 2019Dividend policy, investment opportunity set, free cash flow, and company performance: Indonesian’s agricultural sector14 cited