Capital Structure and Agency Problem－Contingent Claim Approach
碩士 === 國立政治大學 === 金融學系 === 89 === Based on Merton(1974) and Leland(1994), we construct a continuous- time capital structure model with subordinated debt. Quantitative results may serve the guidance of financial policy of the firm. Both endogenous bankruptcy and risk shifting behaviors are the agency...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2001
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| Online Access: | http://ndltd.ncl.edu.tw/handle/55405860482227298167 |