Blar i Publikasjoner fra CRIStin - BI på tidsskrift "The Review of Corporate Finance Studies"

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    • Agency Conflicts and Investment: Evidence from a Structural Estimation 

      Elkahmi, Redouane; Kim, Daniel; Jo, Chanik; Salerno, Marco (Peer reviewed; Journal article, 2022)
      We develop a dynamic capital structure model to study how agency conflicts between managers and shareholders affect the joint determination of financing and investment decisions. We show that there are two agency conflicts ...