On the Relationship Between Operating Leverage and Financial Leverage:the Incentive-Signalling Approach

碩士 === 朝陽科技大學 === 財務金融系碩士班 === 92 === This paper will discuss how manager uses the operating leverage as a signal to represent the firm’s true type, and the process of how to moderate the problem that finance with difficulty cause by information asymmetric. If manager learns the firm is of good type...

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Bibliographic Details
Main Authors: Chih-cheng Chen, 陳志誠
Other Authors: Keng-shen Chen
Format: Others
Language:zh-TW
Published: 2004
Online Access:http://ndltd.ncl.edu.tw/handle/20026385331062162039