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

Author: Sun Jie
Publisher:
Publish Date: 2006-07-13
Features: This book is the research outcome summarized and analyzed by the author over a decade, based on collecting and studying extensive literature on corporate financing theory from nearly 400 scholars both domestic and international. It elaborates on the importance of corporate financing decisions and capital structure determination theory. The author describes the learning, research, and innovation process in writing the book with 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 theory.