Investments and capital market imperfections, identification issues: a survey
If financial markets are perfect, the choice of the sources of finance does not influence investment decisions. However, financial markets are considered to be far from perfect. This review concentrates on the role of information asymmetry in determining real investment decisions. Despite the theore...
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| Format: | Article |
| Language: | English |
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Institute of Public Finance
2010-12-01
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| Series: | Financial Theory and Practice |
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| Online Access: | http://www.ijf.hr/eng/FTP/2010/4/coric.pdf |