Khan, Majeed Ullah; Tariq, Yasir Bin - In: Cogent Business & Management 10 (2023) 1, pp. 1-28
The purpose of the study is to examine the impact of agency issues such as free cash flow, empire-building, managerial …. Financial performance is measured through operating profit returns and cash returns, while the explanatory variables are free … cash flow, firms' size, industry relatedness, and block holding. Two-sample t-test is used for univariate analysis, and OLS …