Outside Equity Financing
收藏NBER1998-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w6561
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资源简介：
This paper explores the necessary conditions for outside equity financing when insiders, that is managers or entrepreneurs, are self-interested and cash flows are not verifiable. Two control mechanisms are contrasted: a partnership,' in which outside investors can commit assets for a specified
提供机构：
美国国家经济研究局
创建时间：
1998-05-01
