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An empirical test of agency cost reduction using interest rate swaps

โœ Scribed by Joel T Harper; John R Wingender


Book ID
117529245
Publisher
Elsevier Science
Year
2000
Tongue
English
Weight
106 KB
Volume
24
Category
Article
ISSN
0378-4266

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An empirical study of interest rate swap
โœ Ajay Samant ๐Ÿ“‚ Article ๐Ÿ“… 1996 ๐Ÿ› Springer ๐ŸŒ English โš– 961 KB

This study examines the relationship between the probability and extent of a firm's participation in interestrate swap markets and the magnitude of some of its operating and financial ratios. These ratios are selected to proxy incentives to reduce agency costs of leverage and information asymmetry i