haku: @journal_id 789 / yhteensä: 95
viite: 67 / 95
Tekijä: | Chemmanur, T. John, K. |
Otsikko: | Optimal incorporation, structure of debt contracts, and limited-recourse project financing |
Lehti: | Journal of Financial Intermediation
1996 : OCT, VOL. 5:4, p. 372-408 |
Asiasana: | FINANCIAL INTERMEDIARIES PROJECT FINANCING DEBT |
Kieli: | eng |
Tiivistelmä: | The authors analyse the interrelationsips among the corporate organization structure, the capital structure, and the ownership structure of a firm with multiple projects, when incumbent management derives control benefits. The choices made by firm management are: (1) whether to set up projects as a joint firm or as separate firms, (2) the amount of debt financing to use, (3) the structure of the debt contract, and (4) the fraction of equity to hold in each firm (ownership structure). |
SCIMA