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The Moral Hazard Theory of Corporate Financial Structure: Empirical Tests

The Moral Hazard Theory of Corporate Financial Structure: Empirical Tests

Hardcover

Investing & FinanceGeneral World History

ISBN10: 1019952091
ISBN13: 9781019952092
Publisher: Legare Street Pr
Published: Jul 18 2023
Pages: 44
Weight: 0.54
Height: 0.25 Width: 6.14 Depth: 9.21
Language: English

An in-depth analysis of the moral hazard problem in corporate finance, and how it affects the optimal choice of financial structure. Using empirical tests on real-world data, Williamson offers practical insights for investors and managers alike.

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.

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