AGENCY THEORY AND OPTIMAL CAPITAL STRUCTURE
In the corporate finance, the agency theory tries to explain the behavior of various agents that intervene in the company’s funding (managers, shareholders and debt holders) and to analyze the impact of these behaviors on the financial structure. Accordingly to the agency theory, the optimal financi...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Nicolae Titulescu University Publishing House
2013-05-01
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| Series: | Challenges of the Knowledge Society |
| Subjects: | |
| Online Access: | http://cks.univnt.ro/uploads/cks_2013_articles/index.php?dir=2_Economic_Sciences%2F&download=cks_2013_economy_art_004.pdf |