IDEAS home Printed from https://ideas.repec.org/a/ebl/ecbull/eb-02g30001.html
   My bibliography  Save this article

An incomplete contracts approach to financial contracting: a comment

Author

Listed:
  • Jukka Vauhkonen

    (Bank of Finland)

Abstract

We show that the principal result of Aghion and Bolton (1992) related to the optimality properties of contingent control allocations under incomplete contracting environment holds only if an additional condition is satisfied.

Suggested Citation

  • Jukka Vauhkonen, 2002. "An incomplete contracts approach to financial contracting: a comment," Economics Bulletin, AccessEcon, vol. 7(1), pages 1-3.
    • Handle: RePEc:ebl:ecbull:eb-02g30001
    as

    Download full text from publisher

    File URL: http://www.accessecon.com/pubs/EB/2002/Volume7/EB-02G30001A.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Juha-Pekka Niinimäki, 2003. "Fairly Priced Deposit Insurance under Adverse Selection," Finnish Economic Papers, Finnish Economic Association, vol. 16(1), pages 38-48, Spring.
    2. Vauhkonen, Jukka, 2003. "Financial contracts and contingent control rights," Bank of Finland Research Discussion Papers 14/2003, Bank of Finland.

    More about this item

    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ebl:ecbull:eb-02g30001. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: John P. Conley (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.