Multinational Learning under Asymmetric Information
نویسندگان
چکیده
منابع مشابه
Dynamic Investment under Asymmetric Information
TAbstract T—This paper develops a tractable real options framework to analyze the effects of asymmetric information on firms' investment decisions when firms issue equity to finance investment. We assume that firm insiders exactly know the firms' growth prospects, but outside investors do not know. Our analysis shows that, under equity financing, the corporate insiders can signal their private ...
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ژورنال
عنوان ژورنال: Southern Economic Journal
سال: 2001
ISSN: 0038-4038
DOI: 10.2307/1061455