Isbn: 9783631385746 - capital structure, managerial incentives and corporate governance: dissertationsschrift (entwicklung und finanzierung, band 9) (3 Ergebnisse)

Paperback. Zustand: Gut. 203 p., with figures, Good condition. Sprache: Englisch Gewicht in Gramm: 385.

Taschenbuch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - What factors determine a firm's financing decision Informational economics and contract theory have contributed a great deal to answer this question. This book contains three essays that further contribute to this strand of literature with the focus on theories that view capital structure as a disciplining instrument for a self-interested management. Some of the existing theories abstract from other disciplining devices such as ordinary incentive wages to justify debt as a mean to mitigate a moral hazard problem between managers and owners of a firm. Two of the models presented here turn to the question of whether debt can play a role as an incentive device when other incentive mechanisms are available as well. A third model revisits the signaling literature on capital structure in the light of new empirical evidence. All models are embedded into a corporate governance framework that allows to set the conclusions into a broader perspective.…

Taschenbuch. Zustand: Neu. Capital Structure, Managerial Incentives and Corporate Governance | Christian Pfeil | Taschenbuch | Entwicklung und Finanzierung | Englisch | 2002 | Peter Lang | EAN 9783631385746 | Verantwortliche Person für die EU: Lang, Peter GmbH, Gontardstr. 11, 10178 Berlin, r[dot]boehm-korff[at]peterlang[dot]com | Anbieter: preigu. …