Disclosure, risk sharing, and valuation under asymmetric information
This dissertation analyzes risk sharing between an entrepreneur of a firm and its investors, and valuation of the firm when there is an informational asymmetry between the entrepreneur and investors. Two types of informational asymmetries are examined: the adverse selection problem and the moral haz...
| Main Author: | |
|---|---|
| Language: | English |
| Published: |
University of British Columbia
2010
|
| Online Access: | http://hdl.handle.net/2429/25306 |