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More cards in this set
Card 6
Front
Beyond M&M Proposition 1 proof: investors unable to 'undo' firms capital structure
Back
Card 7
Front
Financial distress costs: assumptions (2)
Back
Card 8
Front
Financial distress defintion
Back
Card 9
Front
Financial distress costs: type 1
Back
Card 10
Front
Financial distress costs: type 2
Back
Card 11
Front
Financial distress costs: type 2: SH exploit DH through 2 channels
Back
Card 12
Front
Conflicts of interests/ agency costs don't always hold
Back
Card 13
Front
How can DH/ SH gain bargining power
Back
Card 14
Front
Other issues from high financial distress risk caused by SH (2)
Back
Card 15
Front
How firms can minimise conflicts of interest/ agency cost issue (6)
Back
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