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Adão, Bernardino - 1995

Persistent link: https://www.econbiz.de/10000965431

A detrimental feedback loop : deleveraging and adverse selection

Bertsch, Christoph - 2013

decreasing their leverage which in turn amplifies the adverse selection problem in asset markets. In the extreme case, this leads …' long-term leverage choices and an "interim" inefficiency because it distorts agents' short-term liquidity management. I …

Persistent link: https://www.econbiz.de/10010202960

Debt versus equity - open innovation to reduce asymmetric information

Yulianto, Arief; Witiastuti, Rini Setyo; Widiyanto - In: Journal of open innovation : technology, market, and … 7 (2021) 3, pp. 1-12

The research aims to examine the difference between absence and presence life cycle stage in technology information digitalization (TID) as a form of open innovation in reducing information asymmetry. Furthermore, companies with asymmetric information prefer debt over equity. The study collects...

Persistent link: https://www.econbiz.de/10012603892

Asset risk and leverage under information asymmetry

Nguyen, Pascal - In: Journal of risk finance : the convergence of financial … 18 (2017) 3, pp. 303-310

Persistent link: https://www.econbiz.de/10011742794

Optimal leverage and transparency

Trigilia, Giulio - 2017

, leverage decreases with both past and expected profitability, unlike in static trade-off theories. Highly profitable firms … optimally choose zero leverage and finance themselves with equity. If firms can increase their transparency at a cost – say by …

Persistent link: https://www.econbiz.de/10011800836