Sökning: "Free Cash Flow Problem"

Visar resultat 1 - 5 av 10 uppsatser innehållade orden Free Cash Flow Problem.

1. 1. Value of decision control mechanisms in avoiding free cash flow drawbacks in the first place

   Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

   Författare :Cattleya Pamela Oktaviano; Anna Priscilla Namono; [2023]
   Nyckelord :Free Cash Flow FCF ; Internal Control; Levers of Control LOC ; Pre-decision Control; Mid-level Managers; Business and Economics;

   Sammanfattning : This thesis examines the utilization of internal controls as means of facilitating effective use of free cash flow (FCF) by managers, with the aim of preventing potential issues that may distort their relationship with shareholders. The objective was to understand the means of mitigating FCF issues by identifying internal controls within the companies to guarantee the effective utilization of cash available while aligning decision making with companies’ strategy and performance. LÄS MER

3. 2. Executive Stock Incentives and Corporate Payout Policy: How do executive stock incentives affect payouts, and can they be used to mitigate the free cash flow problem?

   C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Författare :Carl Hedin; Max Thorwalls; [2022]
   Nyckelord :Executive Stock Incentives; Corporate Payout Policy; Free Cash Flow Problem; S P 1500;

   Sammanfattning : Using data on 849 companies included in the S&P 1500 Index during 2015-2019, this study provides an overview of how executive held shares and stock options affect companies' payout policies. By examining how executive stock incentives relate to the magnitude and composition of payouts, we aim to establish whether such incentives can be utilized to mitigate the free cash flow problem defined by Jensen (1986). LÄS MER

4. 3. Executive Options and Payout Policy in the 21st Century: A Study of Equity Incentives, Corporate Payout Policy, and the Effects of Disclosure Regulation

   C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Författare :Erik Amér; Jack Beckman; [2022]
   Nyckelord :Executive Equity-Incentives; Stock Options; Payout Policy; Free Cash Flow Problem;

   Sammanfattning : In this paper, we examine the relationships between executive equity-incentives and corporate payout policy. Using data on S&P 1500 firms from 2000 to 2019, we find that firms with higher executive options have lower total payouts, but that this relationship is weaker than found in earlier literature. LÄS MER

5. 4. The Impact of Key Performance Indicators (KPIs) on Listed European Football Clubs

   Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

   Författare :Igor Victor Noonan; Marco Israel Silicaro; [2019]
   Nyckelord :Free Cash Flow Theory; Underinvestment Problem; Panel Data Regression; Trade Off Theory; Business and Economics;

   Sammanfattning : The purpose of this paper is to investigate and shed light on the critical success factors for investors, management and academia for listed European football clubs. This paper is the first of its kind in that it analyses the Key Performance Indicators and their respective impact on the stock price for 23 listed European football clubs. LÄS MER

7. 5. A Study of the Characteristics of Firms Undergoing Leveraged Buyouts in Europe

   Master-uppsats, KTH/Industriell ekonomi och organisation (Inst.)

   Författare :HENNING ELMBERGER; FABIAN MALLY; [2018]
   Nyckelord :leveraged buyouts; LBO; credit markets; private equity; characteristics; leveraged buyouts; LBO; kreditmarknader; riskkapital; egenskaper;

   Sammanfattning : In this thesis we examine the shared characteristics of companies that undergo leveraged buyouts from public markets in Europe between 2005-2015 and whether credit markets have an impact on these characteristics. This is done by conducting logistical regressions on public data and through interviews with industry professionals. LÄS MER