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Agency theory : how asymmetric information affects economic behavior Agency theory : how asymmetric information affects economic behavior

Agency theory : how asymmetric information affects economic behavior - PowerPoint Presentation

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Uploaded On 2018-10-25

Agency theory : how asymmetric information affects economic behavior - PPT Presentation

Asymmetric Information in Finance Financial Structure Adverse selection Before a transaction Lemons Problem Moral hazard After the transaction Principal Agent Problem Debtor amp Risk ID: 696430

funds information hazard financial information funds financial hazard finance debt investment moral incentives bank securities selection cos amp funded

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