Asymmetric Information, Debt Capacity, and Capital Structure
Asymmetric Information, Debt Capacity, and Capital Structure is a scholarly work, published in 2018 in ''Journal of Financial and Quantitative Analysis''. The main subjects of the publication include monetary economics, information asymmetry, capital structure, credit risk, microeconomics, Pecking order theory, economics, corporate governance, adverse selection, debt, and financial economics. Capital structure choice based on costs associated with asymmetric information is examined in order to present a new perspective on the standard pecking order and trade-off theories.