دورية أكاديمية
The Relation among Growth Opportunities in Valuation of Free Cash Flow
| العنوان: | The Relation among Growth Opportunities in Valuation of Free Cash Flow |
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| المؤلفون: | Yahyazadehfar Yahyazadehfar, Shams Shams, Pakdin Amiri Pakdin Amiri |
| المصدر: | بررسیهای حسابداری و حسابرسی, Vol 20, Iss 1, Pp 113-132 (2013) |
| بيانات النشر: | University of Tehran, 2013. |
| سنة النشر: | 2013 |
| المجموعة: | LCC:Accounting. Bookkeeping LCC:Finance |
| مصطلحات موضوعية: | Agency theory, growth opportunities, Free Cash flow, Accounting. Bookkeeping, HF5601-5689, Finance, HG1-9999 |
| الوصف: | This paper examines empirically the effect of firm growth opportunities on the market valuation of free cash flow. An accounting-based valuation framework is developed where stock returns are regressed on free cash flow interacted with growth opportunities proxy, after controlling for book values, dividends, and current earnings. Required data from 89 companies over a ten year period is quarterly gathering. According to the result, it can in decisions affecting corporate managers and investors are to achieve an appropriate return in the Iranian capital market. The results indicate a significant positive relationship between free cash flow and return on equity with growth opportunities. |
| نوع الوثيقة: | article |
| وصف الملف: | electronic resource |
| اللغة: | Persian |
| تدمد: | 2645-8020 2645-8039 |
| Relation: | https://acctgrev.ut.ac.ir/article_35521_d9f15c4c61ee985202c83843de06e595.pdf; https://doaj.org/toc/2645-8020; https://doaj.org/toc/2645-8039 |
| DOI: | 10.22059/acctgrev.2013.35521 |
| URL الوصول: | https://doaj.org/article/070d0aca187044f7b1db57375266b446 |
| رقم الأكسشن: | edsdoj.070d0aca187044f7b1db57375266b446 |
| قاعدة البيانات: | Directory of Open Access Journals |
Full Text Finder | تدمد: | 26458020 26458039 |
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| DOI: | 10.22059/acctgrev.2013.35521 |