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Journal,1970(123):417.
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Inc:1995:356-359.
[118]Jensen M.J.Agency costs of free Cash flow,Corporate finance and takeovers[J].The American
Economic Review,1986(76):323.
[119]Higgins R.C.How Much Growth Can a Firm Afford?[J].Financial Management,1997(8):
186-198.
[120]Alchian,Armen and Harold Demsets.Production,Information Costs and Economic Organization
[J].American Economic Review,1972(62):777-795.
[110]Aghion and Bolton.An Incomplete Contract Approach to Financial Contracting[J].Review of
Economics Studies,1992(59):473-494.
[111]Hart O.and J.Moore.Debt and Seniority:An Analysis of the Role of Hard Claims in
Constraining Management[J].American Economic Review,1995(85):567-585.
[112]M.C.Jensen and W.H.Meckling.Theory of Firm:Managerial Behavior,Agency costs and
ownership structure[J].Journal of Financial Economics,1976(3):305-360.
[113]Jensen,M.Agency Costs of Free Cash Flow,Corporate Finance and Takeovers[J].Economic
Review,1986(76):323-339.
[114]Williamson,O.Corporate finance and Corporate Governance[J].Journal of finance,1998(43):
567-591.
[115]Farrer D.and Vickrey.The information content of stock dividend Announcements[J].the
Accounting Review,1978(4):360-370.
[116]Bronnan,Michael.Taxes,Market valuation and Corporate Financial policy[J].National Tax
Journal,1970(123):417.
[117]Levy,H.Capital Investment and Financial Decisions[M].Sixth Edition,prentice-Hall Publishing
Inc:1995:356-359.
[118]Jensen M.J.Agency costs of free Cash flow,Corporate finance and takeovers[J].The American
Economic Review,1986(76):323.
[119]Higgins R.C.How Much Growth Can a Firm Afford?[J].Financial Management,1997(8):
186-198.
[120]Alchian,Armen and Harold Demsets.Production,Information Costs and Economic Organization
[J].American Economic Review,1972(62):777-795.
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