Korean Management Review

PDF is not available for this article.

REFERENCES (32)

[1]
[1] [단행본] 기업들의 현금보유 ‘과잉’주장에 대한 비판: 국제비교 및 결정요인 분석/김우찬/경제개혁연구소/2009/~/// Google Scholar ›
[2]
[2] [단행본] 사내유보금 과세제도 도입의 문제점과 정책 방향/김윤경/한국경제연구원/2014/~/// Google Scholar ›
[3]
[3] [보고서] 기업유보율 비율과시사점/대한상공회의소 연구보고서/대한상공회의소/2007/~/ Google Scholar ›
[4]
[4] [학술지(정기간행물)] 박순홍/기업지배구조가 보유현금수준에 미치는 영향/재무연구/2009/22(2)/1~36/한국재무학회/ Google Scholar ›
[5]
[5] [학술지(정기간행물)] 박헌준/한국기업의 대리인 비용과 기업가치: 외국인 지분의 역할/경영학연구/2004/33(2)/655~682/한국경영학회/ Google Scholar ›
[6]
[6] [학술지(정기간행물)] 빈기범/기업 현금성 자산 보유가 기업가치에 미치는 영향/한국경제연구/2007/19/5~38/한국경제연구학회/ Google Scholar ›
[7]
[7] [학술지(정기간행물)] 신현한/소유구조가 최고경영자 교체에 미치는 영향/금융연구/2003/8(2)/15~39/한국금융학회/ Google Scholar ›
[8]
[8] [학술지(정기간행물)] 오덕교/유가증권 시장과 코스닥 시장의 지배구조실태 분석/기업지배구조리뷰/2011/59/42~55// Google Scholar ›
[9]
[9] [보고서] 대기업의 현금보유 및 투자 변화 추이와시사점/이병기/한국경제연구원/2011/~/ Google Scholar ›
[10]
[10] [단행본] 한국기업의 현금보유 수준 평가: 규모가 작은 기업이 현금보유 성향 높다/이한득/LG경제연구원/2010/~/// Google Scholar ›
[11]
[11] [보고서] 국내 상장기업 현금흐름 분석: 현금창출능력 개선되었지만 투자증가로 현금흐름 다소악화/이한득/LG경제연구원/2011/~/ Google Scholar ›
[12]
[12] [단행본] 유보율 급증, 정말 문제인가/임경묵/한국개발연구원/2008/~/// Google Scholar ›
[13]
[13] [학술지(정기간행물)] 최용석/기업의 현금보유 패턴 변화 및 결정요인에 대한 연구/한국개발연구/2007/29(2)/75~116/한국개발연구원/ Google Scholar ›
[14]
[14] [보고서] 기업의 사내유보와 현금성 자산, 어떻게 볼 것인가/황인태/한국경제연구원/2011/~/ Google Scholar ›
[15]
[15] [학술지(정기간행물)] Barclay, M. J./The Capital Structure Puzzle : The Evidence Revisited/Journal of Applied Corporate Finance/2005/17/8~17// Google Scholar ›
[16]
[16] [학술지(정기간행물)] Brickley, J./Ownership Structure and Voting on an Takeover Amendments/Journal of Financial Economics/1988/20/267~291// Google Scholar ›
[17]
[17] [학술지(정기간행물)] Fama, E. F./Disappearing Dividends: Changing Firm Characteristics or Lower Propensity to Pay?/Journal of Applied Corporate Finance/2001/14/67~79// Google Scholar ›
[18]
[18] [학술지(정기간행물)] Gaver, J. J./Additional Evidence on the Association Between the Investment Opportunity Set and Corporate Financing, Dividend, and Compensation Policies/Journal of Accounting and Economics/1993/16/125~160// Google Scholar ›
[19]
[19] [단행본] The Economics of Information and Uncertainty/Grossman, S. J./The University of Chicago Press/1982/~///Corporate Financial Structure and Managerial Incentives, Google Scholar ›
[20]
[20] [학술지(정기간행물)] Gugler, K./Corporate Governance, Dividend Payout Policy, and the Interrelation Between Dividends, R&D, and Capital Investment/Journal of Banking & Finance/2003/27/1297~1321// Google Scholar ›
[21]
[21] [학술지(정기간행물)] Harris, M./The Theory of Capital Structure/Journal of Finance/1991/46/297~355// Google Scholar ›
[22]
[22] [학술지(정기간행물)] Harvey, C. R./The Effect of Capital Structure When Expected Agency Costs Are Extreme/Journal of Financial Economics/2004/74/3~30// Google Scholar ›
[23]
[23] [학술지(정기간행물)] Henry, D./Agency Costs, Ownership Structure and Corporate Governance Compliance : A Private Contracting Perspective/Pacific-Basin Finance Journal/2010/181/24~46// Google Scholar ›
[24]
[24] [학술지(정기간행물)] Jensen, M. C./Agency Costs of Free Cash Flow, Corporate Finance and Takeovers/American Economics Review/1986/76/323~329// Google Scholar ›
[25]
[25] [학술지(정기간행물)] Lang, L. H. P./Dividend Announcements/Journal of Financial Economics/1989/24/181~191// Google Scholar ›
[26]
[26] [학술지(정기간행물)] Lang, L. H. P./A Test of the Free Cash Flow Hypothesis : The Case of Bidder Returns/Journal of Financial Economics/1991/29/315~335// Google Scholar ›
[27]
[27] [학술지(정기간행물)] Lang, L. H. P./Leverage, Investment, and Firm Growth/Journal of Financial Economics/1996/40/3~29// Google Scholar ›
[28]
[28] [학술지(정기간행물)] McConnell, J. J./Additional Evidence on Equity Ownership and Corporate Value/Journal of Financial Economics/1990/27/595~612// Google Scholar ›
[29]
[29] [학술지(정기간행물)] Richardson, S./Over-investment of Free Cash Flow/Review of Accounting Studies/2006/11/159~189// Google Scholar ›
[30]
[30] [학술지(정기간행물)] Shleifer, A./A Survey of Corporate Governance/Journal of Finance/1997/52/737~783// Google Scholar ›
[31]
[31] [학술지(정기간행물)] Stulz, R. M./Managerial Discretion and Optimal Financing Policies/Journal of Financial Economics/1990/26/3~7// Google Scholar ›
[32]
[32] [학술지(정기간행물)] Zantout, Z. Z./A Test of the Debt-monitoring Hypothesis : The Case of Corporate R&D Expenditures/The Financial Review/1997/32/21~48// Google Scholar ›

Publication History

Published 2015-01-01

Metrics

Cited by 24

The Effect of Growth Opportunities on the Relationship Between Retained Earnings and Firm Value