haku: @author Dasgupta, S. / yhteensä: 7
viite: 5 / 7
| Tekijä: | Bajaj, M. Chan, Y-S. Dasgupta, S. |
| Otsikko: | The relationship between ownership, financing decisions and firm performance: a signaling model. |
| Lehti: | International Economic Review
1998 : AUG, VOL. 39:3, p. 723-744 |
| Asiasana: | Capital structure of companies Debt management Shares |
| Kieli: | eng |
| Tiivistelmä: | The authors develop a signaling model to show how adverse selection and moral hazard interact to determine a firm's ownership structure and financing and investment decisions endogenously. Testable implications are derived regarding the relationship between insider ownership, performance measures such as Tobin's Q ratio, and elements of financial structure such as the debt-equity ratio. |
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