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...

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Bibliographic Details
Main Author: Hughes, Patricia J.
Language:English
Published: University of British Columbia 2010
Online Access:http://hdl.handle.net/2429/25306

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