Impact of Long-term Debt on Overinvestment Problem of Agency
Business units are always faced with investment opportunities and need to make logical decisions on an optimal investment. Indeed, the investment of each business unit should be done with regard to the resource constraints and its effectiveness through the criteria for evaluating the projects includ...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Islamic Azad University of Arak
2017-12-01
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Series: | Advances in Mathematical Finance and Applications |
Subjects: | |
Online Access: | http://amfa.iau-arak.ac.ir/article_536269_ed0de905a7533a6243771e7d6cc412ba.pdf |