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Bargaining Power Effects in Financial Contracting : A Joint Analysis of Contract Type and Placement Mode Choices. 金融契約における交渉力の影響
・ISBN 978-3-540-34495-7 soft EUR 99.99
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| 著者・編者 | Rudolph, Kai, |
|---|---|
| シリーズ | Lecture Notes in Economics and Mathematical Systems |
| 出版社 | (Springer, GW) |
| 出版年月 | 2006 |
| ページ数 | xviii, 336 pp. |
| 言語 | ENG |
| ニュース番号 | <534-409 000-71578> |
解説
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.