Bargaining Power Effects in Financial Contracting: A Joint Analysis of Contract Type and Placement Mode Choices

by Kai Rudolph

Book Overview

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.

• Format: Paperback
• Language: English
• ISBN: 3540344950
• ISBN13: 9783540344957
• Release Date: July 2006
• Publisher: Springer
• Length: 342 Pages
• Weight: 1.11 lbs.
• Dimensions: 0.8" x 6.1" x 9.2"