Efficient Financing Under Asymmetric Information

• 1 December 1987
• journal article
• Published by JSTOR in The Journal of Finance
• Vol. 42  (5) , 1225-1243
• https://doi.org/10.2307/2328524

Abstract

Keywords

• INFORMATION ASYMMETRY
• ASYMMETRIC INFORMATION
• SECURITY ISSUES
• PREVENT
• SELECTION PROBLEM
• INVESTMENT
• EFFICIENT FINANCING
• PAPER CHARACTERIZES