A Study on the Relationship between Share Collateralization by Directors and Corporate Cost of Capital
碩士 === 大葉大學 === 管理學院碩士在職專班 === 104 === Corporate directors cash their stocks through collateralizing their shareholdings to commercial banks. As the director's pledge ratio increases, the directors transfer the corporate risks to the commercial banks, which results in the moral hazard problem....
Main Authors: | , |
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Other Authors: | |
Format: | Others |
Language: | zh-TW |
Published: |
2016
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Online Access: | http://ndltd.ncl.edu.tw/handle/65927346430992071469 |