Acharya, Viral V.; Huang, Jing-Zhi; Subrahmanyam, Marti G. - 2002 - [Elektronische Ressource]
as given, and anticipating rationally the acceptance/rejection decisions of
debt holders in the event of underperformance … of strategic debt-service. This suggests that empirical studies attempting to relate the
extent of strategic debt … projects without
delay. Our paper examines another aspect of this tradeoff. The costs in our model are that in
the event of …