书目名称 | Financial Market Imperfections and Corporate Decisions |
副标题 | Lessons from the Tra |
编辑 | Emilio Colombo,Luca Stanca |
视频video | |
概述 | Includes supplementary material: |
丛书名称 | Contributions to Economics |
图书封面 |  |
描述 | We would like to thank Akos Valentinyi and Mark Schaffer for their advice on various stages of this research project. We also would like to thank our col leagues at the Department of Economics of the University of Milan - Bicocca for their advice and support. This book is the result of a long term project financed by various research grants: in particular the Phare-Ace programme (Project P-96-6151-R) and a research grant from the Italian Ministry of Education under the young researchers scheme. Milan, March 2005 Emilio Colombo Luca Stanca Contents Introduction 1 Financial market imperfections and corporate decisions: theory and evidence 7 2. 1 Introduction 7 2. 2 Financial market imperfections, investment and cycles 9 2. 2. 1 The Stiglitz view 9 2. 2. 2 Agency costs and macroeconomic fluctuations 15 2. 2. 3 Assessing the differences 18 2. 2. 4 Further developments 20 2. 2. 5 Empirical evidence 22 2. 3 Financial market imperfections and corporate capital structure 24 2. 3. 1 Asymmetric information and capital structure choice . . 25 2. 3. 2 Agency costs and capital structure choice 30 2. 3. 3 Empirical evidence 32 The transformation of the Hungarian financial system 35 3. 1 Introdu |
出版日期 | Book 2006 |
关键词 | Banking; Financial Market Imperfections; Financial Markets; Hungary; Investment; Transition Economics; Tra |
版次 | 1 |
doi | https://doi.org/10.1007/3-7908-1671-X |
isbn_softcover | 978-3-7908-1581-8 |
isbn_ebook | 978-3-7908-1671-6Series ISSN 1431-1933 Series E-ISSN 2197-7178 |
issn_series | 1431-1933 |
copyright | Physica-Verlag Heidelberg 2006 |