Reference

Jean-Paul Décamps, and Bertrand Djembissi, Switching to a Poor Business Activity: Optimal Capital Structure, Agency Costs and Convenant Rules, IDEI Working Paper, n. 375, September 2005.

JEL codes

  • G30: General
  • G32: Financing Policy • Financial Risk and Risk Management • Capital and Ownership Structure • Value of Firms • Goodwill
  • G33: Bankruptcy • Liquidation