Concluding Remarks

Vipin K Agrawal and Ramesh K S Rao

Chapter 12 in Corporate Policies in a World with Information Asymmetry, 2015, pp 117-119 from World Scientific Publishing Co. Pte. Ltd.

Abstract: A firm's investment and financing policies and its cost of raising capital depend on firm characteristics (the nature of the manager's private information and the firm's financing needs) and on the assumed security space (S). This means that the firm's policies and costs are sensitive to alternative assumptions about firm characteristics and the set of securities that the manager is assumed to be able to issue…

Keywords: Information Asymmetry; Financing Decisions; Capital Structure; Dividend Policy (search for similar items in EconPapers)
Date: 2015
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