Description
theory of corporate finance- jean tirole
looking for a summary
Explanation & Answer
Attached.
Name: 1
Name:
Institution Affiliation:
Date:
Summary
Chapter one focuses on some accountability in the business management. It also focuses
on factors that help the management align the organization incentives with the organization
factors that promotes performance such as compensation and competition. It also explains the
organizational monitoring by the organizational management specifically the Board of Director,
shareholders, banks, and raiders. It also explains about various governance systems.
Chapter two explains about various types of financing in business. It explains the use of
the Modigliani Miller Theorem in financing the business. The chapter also teaches about the debt
instruments used in financing the business. The chapter also focuses on selling some parts of the
business to investors in form of equity or getting finances from other financial partners. It
explains the role of incentives and information. Chapter three focuses on the outside fi...
Review
Review
24/7 Homework Help
Stuck on a homework question? Our verified tutors can answer all questions, from basic math to advanced rocket science!
Similar Content
Related Tags
Crime and Punishment
by Fyodor Dostoyevsky
Cry the Beloved Country
by Alan Paton
Into the Wild
by Jon Krakauer
The Nightingale
by Kristin Hannah
The Silent Patient
by Alex Michaelides
Milkweed
by Jerry Spinelli
The Bell Jar
by Sylvia Plath
The Handmaids Tale
by Margaret Atwood
The Prince
by Niccolò Machiavelli