Introduction; A Review of Related Research; A Model to Analyze Bargaining Power Effects; Extending the model by an Ex-ante Informational Asymmetry About Contractual Partners' Opportunities; Discussion of the Adopted Approach; Conclusion
Summary
Demonstrates that a firm's financing decision depends among other things on bargaining power considerations and illustrates potential reasons for this dependency. This work is based on a principal-agent analysis where a lender (principal) and a firm (agent) bargain how to finance the firm's risky project
Analysis
economie
economics
bedrijfswetenschap
management science
economische theorie
economic theory
finance
speltheorie
game theory
wiskunde
mathematics
bankwezen
banking sector
Management studies, Business Administration, Organizational Science (General)
