Roberts, Michael R. (contributor); Sufi, Amir (contributor) - 2007 - Current Draft: April 4, 2007
.sufi@chicagogsb.edu.
Control Rights and Capital Structure: An Empirical Investigation
Abstract:
We show that a large number of financing ….
A fundamental question in financial economics concerns how firms make financing
decisions (e.g., Myers (1984)). While … firms’ financing
decisions prior to payment default. By allocating control rights in this manner, these
theories imply …