The purpose of this quantitative research is to investigate whether non-linear effects of capital structure choice on firm value are present for the Egyptian non-financial firms, and if yes, investigate the existence of an optimal capital structure that maximizes firm value. The authors employ...

Operating cash flows and their models are crucial for companies, from day-to-day operations to investment decisions. We study the possible issues with the quality of the information provided by current cash flow models in the context of economic decision-making, from the agency theory...