A theory of debt maturity and innovation

DOI10.1016/J.JET.2024.105828zbMATH Open1544.91355MaRDI QIDQ6564044FDOQ6564044

Authors: Yuliyan Mitkov 

Publication date: 28 June 2024

Published in: Journal of Economic Theory (Search for Journal in Brave)

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zbMATH Keywords

innovationdebtincomplete contractsrenegotiation

Mathematics Subject Classification ID

Corporate finance (dividends, real options, etc.) (91G50) Contract theory (moral hazard, adverse selection) (91B41)

Cites Work

• Optimal contracts and competitive markets with costly state verification
• Default and Renegotiation: A Dynamic Model of Debt
• A Theory of Debt and Equity: Diversity of Securities and Manager-Shareholder Congruence
• Short-Term versus Long-Term Interests: Capital Structure with Multiple Investors
• Incomplete Contracts: Where do We Stand?
• The Management of Innovation
• Innovation and Communication: Signalling with Partial Disclosure
• Measurement distortion and missing contingencies in optimal contracts

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