资本结构与企业绩效.pdfVIP

外文翻译 Capital Structure and Firm Performance Material Source: Board of Governors of the Federal Reserve System Author: Allen N. Berger Agency costs represent important problems in corporate governance in both financial and nonfinancial industries. The separation of ownership and control in a professionally managed firm may result in managers exerting insufficient work effort, indulging in perquisites, choosing inputs or outputs that suit their own preferences, or otherwise failing to maximize fir