STANCULESCU, ANDREI; IVANESCU, DAN NICOLAE; BREZEANU, PETRE - In: International Conference Modern Approaches in … 5 (2011) 1, pp. 569-572
This paper sustains the existence of a biunivocal link between a company’s financing decision and the corporate … governance. On the one hand, the financing decision has an impact on corporate performance, which has been confirmed. According … to the agency theory, the financing decision will contribute to solving interest conflicts between shareholders and …