Author: | Harvey, C.R. Lins, K.V. Roper, A.H. |
Title: | The effect of capital structure when expected agency costs are extreme |
Journal: | Journal of Financial Economics
2004 : OCT, VOL. 74:1, p. 3-30 |
Index terms: | Agency theory Capital structure of companies Corporate finance |
Language: | eng |
Abstract: | This article conducts tests of whether debt can mitigate the effects of agency and information problems. The focus is on emerging market firms which have potentially extreme managerial agency costs. |
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