Information Asymmetry and Credit Risk
Information asymmetry defines relationships where an agent holds information while another does not hold it. Thus, to the extent that one of the parties to the financing agreement has information more or less accurate than another, the asymmetry of information appears to be a major constraint in the...
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| Format: | Article |
| Language: | English |
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Universitaria Publishing House
2017-11-01
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| Series: | Finanţe: Provocările viitorului |
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| Online Access: | http://www.financejournal.ro/fisiere/revista/76554199516_Tupangiu_en.pdf |