Capital Structure, Governance Structure, and Agency Costs: Theory, Experience, and Implications

Author: Sun Jie
Publisher:
Publish Date: 2006-07-01
Features: This book is the research outcome summarized and analyzed by the author over 10 years, based on collecting and studying a large number of documents on corporate financing theories from nearly 400 scholars at home and abroad. It elaborates on the importance of corporate financing decisions and capital structure determination theories. The author describes the learning, research, and innovation process of writing the book with the eight words "knowing," "understanding," "realizing," and "writing." From the perspective of corporate governance structure and the principal-agent relationship, the author provides his own interpretations of corporate financing decisions and capital structure theories.