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Concluding Remarks

In: Corporate Policies in a World with Information Asymmetry

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  • Vipin K Agrawal
  • Ramesh K S Rao

Abstract

A firm's investment and financing policies and its cost of raising capital depend on firm characteristics (the nature of the manager's private information and the firm's financing needs) and on the assumed security space (S). This means that the firm's policies and costs are sensitive to alternative assumptions about firm characteristics and the set of securities that the manager is assumed to be able to issue…

Suggested Citation

  • Vipin K Agrawal & Ramesh K S Rao, 2015. "Concluding Remarks," World Scientific Book Chapters, in: Corporate Policies in a World with Information Asymmetry, chapter 12, pages 117-119, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814551311_0012
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