Agency Problems, Financial Contracting, and Predation (Classic Reprint)

Idioma: inglés

Editorial: Forgotten Books, 2018

1332248551 / 9781332248551

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Librería: Forgotten Books, London, Reino UnidoForgotten Books

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Descripción del artículo del vendedor

Print on Demand. This book explores the relationship between company finances and competition, proposing that common business practices may increase susceptibility to predatory behaviour. The author presents a new theory, known as 'predation theory'. This theory states that when a company secures its financial position through external sources, it is more likely to face predatory practices from competitors. The author argues that accessing external investment to offset operational costs, such as through venture capital or loans, creates a risk of 'predation' by rivals. This method of financing often requires adherence to strict performance targets and may force companies to accept unfavourable terms. As a result, competitors may deliberately take actions that reduce the company's profit margins, ultimately forcing it out of the market. The author also considers the concept of 'deep pockets' - when companies have ample financial resources - and argues that this can also lead to increased predation. The book contends that the common practice of using external financing to cover upfront costs could lead to a higher probability of underhanded tactics from competitors. It presents a sophisticated analysis of the interaction between financial strategy and aggressive market behaviour, highlighting the nuances and complexities present in the corporate world. The book's insights contribute to our understanding of business dynamics and the interplay between financial decisions and competitive advantage. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…

N° de ref. del artículo 9781332248551_0

Título
Agency Problems, Financial Contracting, and Predation (Classic Reprint)
Autor
Patrick Bolton, David Scharfstein
Editorial
Forgotten Books
Año de publicación
2018
Estado
New
Tipo de libro
print-on-demand item
Encuadernación
Paperback
Idioma
inglés
ISBN 10
1332248551
ISBN 13
9781332248551
Catálogos de vendedores
Business

Forgotten Books

London, Reino Unido

Vendedor de 5 estrellas

Vendedor de IberLibro desde 2 de junio de 2021

Tarifas de envío de Reino Unido a Estados Unidos de America

ArtículoDe 5 a 10 días hábilesDe 5 a 10 días hábiles
Primer artículoEUR 0,00EUR 0,00
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Descripción de la tienda

Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

Especialidad

Trade

Información empresarial del vendedor

FB &c Ltd

Dalton House, 60 Windsor Avenue
London, Reino Unido SW19 2RR