Asymmetric information, corporate finance, and investment /:

In this volume, specialists from traditionally separate areas in economics and finance investigate issues at the conjunction of their fields. They argue that financial decisions of the firm can affect real economic activity-and this is true for enough firms and consumers to have significant aggregat...

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Bibliographische Detailangaben
Weitere Verfasser: Hubbard, R. Glenn
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Chicago : University of Chicago Press, 1990.
Schriftenreihe:Project report (National Bureau of Economic Research)
Schlagworte:
Online-Zugang:Volltext
Zusammenfassung:In this volume, specialists from traditionally separate areas in economics and finance investigate issues at the conjunction of their fields. They argue that financial decisions of the firm can affect real economic activity-and this is true for enough firms and consumers to have significant aggregate economic effects. They demonstrate that important differences-asymmetries-in access to information between ""borrowers"" and ""lenders"" (""insiders"" and ""outsiders"") in financial transactions affect investment decisions of firms and the organization of financial markets. The original r
Beschreibung:Papers presented at an NBER conference held in Cambridge, May 5-6, 1989.
Beschreibung:1 online resource (ix, 343 pages) : illustrations
Bibliographie:Includes bibliographical references and indexes.
ISBN:9780226355948
0226355942
1282069950
9781282069954
9786612069956
6612069953