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Bargaining Power Effects in Financial Contracting

Bargaining Power Effects in Financial Contracting

Kai Rudolph

133,59 €
IVA incluido
Disponible
Editorial:
Springer Nature B.V.
Año de edición:
2006
Materia
Finanzas
ISBN:
9783540344957
133,59 €
IVA incluido
Disponible

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Sobre IBD

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.

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