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Incentive contracting (See Chapter 36 of the Vernimmen)
Incentive contracting hypothesis tries to link the Maturity structure of Debt with a company's growth prospects. Specifically, some researchers find that high-growth companies tend to have more short-term Debts, while others do not find enough evidence for that.
Incentive contracting (See Chapter 36 of the Vernimmen)
Incentive contracting hypothesis tries to link the Maturity structure of Debt with a company's growth prospects. Specifically, some researchers find that high-growth companies tend to have more short-term Debts, while others do not find enough evidence for that.
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