Download Bargaining Power Effects in Financial Contracting: A Joint by Kai Rudolph PDF
By Kai Rudolph
This paintings was once accredited as a dissertation via the college of Muenster, Germany, in 2004. It used to be written whereas i used to be a instructing and study assistant on the division of Banking. I personal many money owed - own and highbrow - to Professor Dr. Andreas Pfingsten, my doctoral adviser, for his total help whereas i used to be writing my dissertation. This thesis benefited a lot from his confident feedback. i'm additionally thankful that Professor Dr. Klaus Roder, division of Finance, collage of Regensburg, Germany, acted as my moment consultant. in addition, i need to thank Dr. Alistair Milne, Sir John Cass enterprise tuition, urban college, nice Britain, considering the fact that he assisted me in the course of a vital part of my dissertation undertaking whereas i used to be staying as a vacationing student on the Marie Curie education website in company Finance, Capital Markets and Banking at Cass. This 5 month stopover at in London used to be financially supported by means of the eu fee (Fellowship Ref. No. HPMT-GH-01-00330-04). i'm additionally indebted to my prior colleagues, commonly Dr. Hendrik Hakenes and Dr. Markus Ricke, for his or her encouragement and priceless discussions all through my complete dissertation undertaking. The dissertation additionally benefited from reviews on a primary operating paper in regards to the dissertation's subject via members of analysis seminars on the Universities of Constance, Tuebingen and Osnabrueck, Germany, and on the 2003 Annual assembly of the ecu fiscal organization, Stockholm, Sweden.
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Extra resources for Bargaining Power Effects in Financial Contracting: A Joint Analysis of Contract Type and Placement Mode Choices
The chapter is divided into five sections. 2. 3. 4 the preferred ci/pm-choices in the alternative bargaining scenarios are derived. 5 bargaining power effects in financial contracting are determined by a comparison of the optimal ci/pm-choices in the different scenarios. 1 Main Assumptions The main assumptions, forming the analytical principal-agent framework we employ to examine bargaining power effects in financial contracting, are presented and motivated in this section. Assumptions 1 to 4 specify an optimal contracting framework.
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