Value creation for a firm is a function of identifying and managing value drivers. This study\naims to understand the drivers of value creation for GCC listed firms. The paper proposes a\nmodel for value creation through the application of Partial Least Square Structural Equation\nModeling (PLS-SEM).The model proposes value creation of a firm as a function of critical\ndrivers like size of firm, dividend policy, investment policy, capital structure and risk\ncharacteristics. Higher the leverage for the firm, lesser will be the value creation for the firm.\nInvestors are skeptical about whether firms with high leverage would create value. Firm size\nis negatively related to value creation.
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