haku: @author Rebello, M. / yhteensä: 5
viite: 3 / 5
| Tekijä: | Rebello, M. |
| Otsikko: | Adverse selection costs and the firm's financing and insurance decisions |
| Lehti: | Journal of Financial Intermediation
1995 : JAN, VOL. 4:1, p. 21-47 |
| Asiasana: | ADVERSE SELECTION FINANCING INSURANCE |
| Kieli: | eng |
| Tiivistelmä: | The author of this article examines the financing and insurance policies of a firm with private information regarding its operating cash flows and insurance risk. When its insurable losses are small, the firm chooses either self-insurance or full insurance. If it chooses self-insurance, it may display a preference for equity financing. However , if it chooses full insurance, it prefers debt financing. |
SCIMA