External Corporate Governance, Capital Structure, and Firm Value
碩士 === 國立交通大學 === 財務金融研究所 === 95 === In the free-cash-flow theory, shareholders use debt to discipline managers and maximize firm value. In contrast, managerial models assume that, without a takeover threat, managers will not lever up to constrain themselves. Debt seems to be an efficient mechanism...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2007
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| Online Access: | http://ndltd.ncl.edu.tw/handle/08619543311763697054 |