Human Capital, Bankruptcy and Capital Structure
收藏数据链接:
官方服务:
资源简介:
We derive a firm's optimal capital structure and managerial compensation contract when employees are averse to bearing their own human capital risk, while equity holders can diversify this risk away. In the presence of corporate taxes, our model delivers optimal debt levels consistent with those
提供机构:
美国国家经济研究局创建时间:
2007-04-01
搜集汇总
数据集介绍

以上内容由遇见数据集搜集并总结生成



