haku: @indexterm FINANCIAL STRUCTURE / yhteensä: 55
viite: 18 / 55
| Tekijä: | Leite, T. |
| Otsikko: | Optimal financial structure: an impcomplete contracting model |
| Lehti: | Scandinavian Journal of Economics
2001 : VOL. 103:4, p. 707-722 |
| Asiasana: | CONTRACTS DEBT EQUITY CAPITAL FINANCIAL STRUCTURE |
| Kieli: | eng |
| Tiivistelmä: | The financial structures of firms observed in practice typically consist of debt claims of different priority and maturity, and outside equity with unconditional control. A simple model is developed in which this type of complex financial structure arises endogenously as a mechanism to allocate control and cash flow rights among the firm's manager and its investors. |
SCIMA