The impact of firm size on corporate indebtedness: a case study of Slovak enterprises

D Gajdosikova, K Valaskova - Folia Oeconomica Stetinensia, 2022 - ceeol.com
Research background: Debt is considered a normal part of enterprises these days. If
enterprises do not have enough equity, they will start to use a large amount of debt which is …

SME investment and financing under asymmetric information

Y Wang, H Zhang, Z Zhao - European Financial Management, 2022 - Wiley Online Library
We investigate the investment timing and financing decisions of financially constrained small
and medium‐sized enterprises (SMEs) in a real‐option setting with asymmetric …

信息不对称与信用担保贝叶斯均衡分析

刘祥, 杨招军, 刘苏华 - 中国管理科学, 2024 - zgglkx.com
本文定量构建信用担保定价及其贝叶斯博弈模型, 给出担保换费用(FGS), 担保换股权(EGS)
和担保换期权(OGS) 的比较分析. 本文发现: 信息不对称对FGS, EGS, OGS 的负面影响程度依次 …

[PDF][PDF] Simulation Approach for a Two Player Real Options Signaling Game

G Rigopoulos, NV Karadimas - WSEAS Transactions on Business and …, 2022 - wseas.com
Situations where hidden information exists among involved parties can be found in a variety
of diverse domains, ranging, for example, from market entry to military operations. Game …

Investment Analysis under Equity Default Swaps with Asymmetric Information

X Liu, Z Yang - Available at SSRN 3472953, 2019 - papers.ssrn.com
We assume an entrepreneur (borrower) must borrow money from a lender (bank) to start a
project in a single-period model. The debt is secured by an insurer who takes the project …