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Bargaining Power Effects in Financial Contracting

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.