Switching to a poor business activity: optimal capital structure, agency costs and covenant rules

DOI10.1007/s10436-006-0049-8zbMath1233.91304OpenAlexW2096709689MaRDI QIDQ665784

Bertrand Djembissi, Jean-Paul Décamps

Publication date: 6 March 2012

Published in: Annals of Finance (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10436-006-0049-8

zbMATH Keywords

capital structurecovenant rulesstockholder-debtholder conflict

Mathematics Subject Classification ID

Corporate finance (dividends, real options, etc.) (91G50) Portfolio theory (91G10)

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Cites Work

• Stochastic differential equations. An introduction with applications.