Excessive Continuation and Dynamic Agency Costs of Debt
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- Decamps, Jean-Paul & Faure-Grimaud, Antoine, 2002. "Excessive continuation and dynamic agency costs of debt," European Economic Review, Elsevier, vol. 46(9), pages 1623-1644, October.
- Faure-Grimaud, Antoine & Décamps, Jean Paul, 2000. "Excessive continuation and Dynamic Agency Costs of Debt," CEPR Discussion Papers 2504, C.E.P.R. Discussion Papers.
- Décamps, Jean-Paul & Faure-Grimaud, Antoine, 2000. "Excessive Continuation and Dynamic Agency Costs of Debt," IDEI Working Papers 99, Institut d'Économie Industrielle (IDEI), Toulouse.
- Jean-Paul Décamps, 2000. "Excessive Continuation and Dynamic Agency Costs of Debt," FMG Discussion Papers dp348, Financial Markets Group.
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Citations
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Cited by:
- Hui Chen & Gustavo Manso, 2017. "Macroeconomic Risk and Debt Overhang," The Review of Corporate Finance Studies, Society for Financial Studies, vol. 6(1), pages 1-38.
- Jean-Paul Décamps & Bertrand Djembissi, 2007.
"Switching to a poor business activity: optimal capital structure, agency costs and covenant rules,"
Annals of Finance, Springer, vol. 3(3), pages 389-409, July.
- Décamps, Jean-Paul & Djembissi, Bertrand, 2005. "Switching to a Poor Business Activity: Optimal Capital Structure, Agency Costs and Convenant Rules," IDEI Working Papers 375, Institut d'Économie Industrielle (IDEI), Toulouse.
- Agliardi, Elettra & Andergassen, Rainer, 2009.
"Last resort gambles, risky debt and liquidation policy,"
Review of Financial Economics, Elsevier, vol. 18(3), pages 142-155, August.
- Elettra Agliardi & Rainer Andergassen, 2009. "Last resort gambles, risky debt and liquidation policy," Review of Financial Economics, John Wiley & Sons, vol. 18(3), pages 142-155, August.
- E. Agliardi & R. Andergassen, 2006. "Last Resort Gambles, Risky Debt and Liquidation Policy," Working Papers 577, Dipartimento Scienze Economiche, Universita' di Bologna.
- Elettra Agliardi & Rainer Andergassen, 2007. "Last Resort Gambles, Risky Debt and Liquidation Policy," Working Paper series 31_07, Rimini Centre for Economic Analysis.
- Bart Lambrecht & Stewart C. Myers, 2005. "A Theory of Takeovers and Disinvestment," NBER Working Papers 11082, National Bureau of Economic Research, Inc.
- Moyen, Nathalie, 2007. "How big is the debt overhang problem?," Journal of Economic Dynamics and Control, Elsevier, vol. 31(2), pages 433-472, February.
- repec:rim:rimwps:31-07 is not listed on IDEAS
- Priyo, Asad Karim Khan & Rahaman, Mohammad M. & Aivazian, Varouj A., 2017. "Overinvesting via delayed exit: An empirical investigation of the cost of excessive continuation," MPRA Paper 118087, University Library of Munich, Germany.
- Alan Schwartz, "undated". "A Normative Theory of Business Bankruptcy," American Law & Economics Association Annual Meetings 1037, American Law & Economics Association.
- Duffie, Darrell, 2003. "Intertemporal asset pricing theory," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, edition 1, volume 1, chapter 11, pages 639-742, Elsevier.
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More about this item
Keywords
EQUITY ; DEBT ; EXCHANGE RATE ; COSTS;All these keywords.
JEL classification:
- G30 - Financial Economics - - Corporate Finance and Governance - - - General
- G13 - Financial Economics - - General Financial Markets - - - Contingent Pricing; Futures Pricing
- L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
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