Purpose This paper aims to investigate the link between agency costs mitigation via three levels of rights protection (minority protection, enforcing contracts, resolving insolvency issues) provides propitious climate for financing investment opportunities around world. Design/methodology/approach We use Bartlett’s three-group method stratify countries based on how well they protect investors a...

The present study aims to evaluate the contributing factors agency costs in Iran. In this regard, 112 companies were studied over 2010 - 2016. Since model is dynamic and dependent variable suffers from a lag, generalized method of moments employed free independent variables disruptive component. findings indicate significant lag all three models. An audit committee’s presence significantly affe...