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Keywords: free cash flow problem
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Journal Articles
Accounting Horizons (2020) 34 (3): 1–21.
Published: 01 September 2020
... the agency problem associated with cash holdings (i.e., the free cash flow problem) by improving firms' information environments and thus facilitating monitoring of managers. 1 2018 3 2020 agency problem financial statement comparability free cash flow problem market value of cash...