Essays on Corporate Finance Theory and Behavioral Asset Pricing
Download or Read eBook Essays on Corporate Finance Theory and Behavioral Asset Pricing PDF written by Jieying Hong and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle.
Author | : Jieying Hong |
Publisher | : |
Total Pages | : 0 |
Release | : 2013 |
ISBN-10 | : OCLC:867921074 |
ISBN-13 | : |
Rating | : 4/5 (74 Downloads) |
Book Synopsis Essays on Corporate Finance Theory and Behavioral Asset Pricing by : Jieying Hong
Book excerpt: This thesis consists of three self-contained papers. The first two papers study how firms should be structured to facilitate their access to funds in the face of agency conflicts between borrowers (firms) and lenders (investors). Chapter 1 studies the relationship between firm scope and financial constraints. Chapter 2 uses an optimal contracting approach to analyze the development of an innovative product through strategic alliance by an entrepreneur and an incumbent. Chapter 3 analyzes whether traders' experience reduce their propensity to speculate?