๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Security analysis, agency costs, and UK firm characteristics

โœ Scribed by John A. Doukas; Phillip J. McKnight; Christos Pantzalis


Book ID
116577246
Publisher
Elsevier Science
Year
2005
Tongue
English
Weight
193 KB
Volume
14
Category
Article
ISSN
1057-5219

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โœ Jon Vilasuso; Alanson Minkler ๐Ÿ“‚ Article ๐Ÿ“… 2001 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 98 KB

We develop a dynamic model that incorporates the insights of both the agency cost and asset specificity literature about corporate finance. In general, we find that neither can be ignored, and that the optimal capital structure minimizes agency cost and asset specificity considerations. A key findin