The primary objective of this book is to demonstrate that a firm's financing decisions depend among other things on bargaining power considerations, and to illustrate potential causes for this dependency. Based on a principal-agent analysis where a lender (principal) and a firm (agent) bargain over the financing of the firm's risky project, the author illustrates and analyzes the importance of bargaining power on finance decisions.
- ISBN10 354082460X
- ISBN13 9783540824602
- Publish Date 31 August 2008 (first published 1 January 2006)
- Publish Status Withdrawn
- Out of Print 18 October 2014
- Publish Country US
- Imprint Springer
- Format Paperback (US Trade)
- Pages 360
- Language English