Question
Why are not stocks the most important source of external financing for businesses? Explain this briefly using. a- ) the adverse selection in equity contracts
Why are not stocks the most important source of external financing for businesses?
Explain this briefly using.
a-) the adverse selection in equity contracts and the most important tool to solve this.
b-) the moral hazard in equity contracts and issues in equity contracts and explain the tools to solve them.
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Management Accounting Information for Decision-Making and Strategy Execution
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
6th Edition
137024975, 978-0137024971
