E-Book, Englisch, Band 577, 342 Seiten
Rudolph Bargaining Power Effects in Financial Contracting
2006
ISBN: 978-3-540-34496-4
Verlag: Springer Berlin Heidelberg
Format: PDF
Kopierschutz: 1 - PDF Watermark
A Joint Analysis of Contract Type and Placement Mode Choices
E-Book, Englisch, Band 577, 342 Seiten
Reihe: Lecture Notes in Economics and Mathematical Systems
ISBN: 978-3-540-34496-4
Verlag: Springer Berlin Heidelberg
Format: PDF
Kopierschutz: 1 - PDF Watermark
The primary objective of this book is to demonstrate that a firm's financing decisions depend among other things on bargaining power considerations, and to illustrate potential causes for this dependency. Based on a principal-agent analysis where a lender (principal) and a firm (agent) bargain over the financing of the firm's risky project, the author illustrates and analyzes the importance of bargaining power on finance decisions.




