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Capital Structure and Stockholder Incentives Capital Structure and Stockholder Incentives

Capital Structure and Stockholder Incentives - PowerPoint Presentation

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Uploaded On 2016-02-22

Capital Structure and Stockholder Incentives - PPT Presentation

PV Viswanath Financial Theory and Strategic DecisionMaking Outline Shareholder incentives to increase risk Incentives to focus on the shortrun Incentives to underinvest Incentives to pay excessive dividends ID: 227300

debt project bondholders firm project debt firm bondholders 000 equityholders investment rate payoff risk existing equity state problem interest proj assets 1000

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