Showing 21 - 30 of 102
Persistent link: https://www.econbiz.de/10013327771
In this paper, we depict and analyze simple models of moral hazard, namely “operating moral hazard” and “investing moral hazard.” First we assume that a corporation exists primarily for the benefit of their shareholders. Then, moral hazard occurs when managers choose an option knowingly...
Persistent link: https://www.econbiz.de/10009441310
Persistent link: https://www.econbiz.de/10000067019
Persistent link: https://www.econbiz.de/10000074914
Persistent link: https://www.econbiz.de/10003784834
Persistent link: https://www.econbiz.de/10003825672
Persistent link: https://www.econbiz.de/10008904386
Persistent link: https://www.econbiz.de/10003952446
Persistent link: https://www.econbiz.de/10003981938
Persistent link: https://www.econbiz.de/10003874551