Optimal financial contracting: control rights, incentives, and entrepreneurship
Article first published online: 18 MAR 2010
Copyright © 2010 John Wiley & Sons, Ltd.
Special Issue: The Modigliani-Miller Proposition After Fifty Years and Entrepreneurial Finance
Volume 19, Issue 1-2, pages 77–90, February 2010
How to Cite
Fluck, Z. (2010), Optimal financial contracting: control rights, incentives, and entrepreneurship. Strat. Change, 19: 77–90. doi: 10.1002/jsc.859
- Issue published online: 18 MAR 2010
- Article first published online: 18 MAR 2010
- optimal financial contracting;
- control rights;
- venture capital;
- private equity;
- convertible securities
Optimal financial contracting is particularly important for entrepreneurial firms with illiquid securities.