Asymmetric information, security design, and the pecking (dis)order
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Cited by:
- Lannoo, Karel & Thomadakis, Apostolos, 2019. "Rebranding Capital Markets Union: A market finance action plan," ECMI Papers 500, Centre for European Policy Studies.
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More about this item
Keywords
Debt-equity choice; Asymmetric information; Pecking order; Security design;All these keywords.
JEL classification:
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CFN-2015-06-27 (Corporate Finance)
- NEP-MIC-2015-06-27 (Microeconomics)
- NEP-ORE-2015-06-27 (Operations Research)
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