Division of Economics and Business, North Carolina State University and The Joseph M. Katz Graduate School of Business, University of Pittsburgh, respectively. A part of this research was conducted while the first author was at Baruch College, CUNY. The authors acknowledge grants from the PSC-CUNY Research Foundation and The Joseph M. Katz Graduate School of Business, University of Pittsburgh, respectively. We acknowledge helpful comments from seminar participants at the University of Pittsburgh and the 1986 WFA and FMA meetings. In addition, we would like to thank Stan Baiman, Harry DeAngelo, Harry Evans, Michael Long, Anil Makhija, Gershon Mandelker, Wayne Marr, Harry Newman, Jim Patton, René Stulz, Sheridan Titman, an anonymous referee, and the co-editor, David Mayers, for helpful comments. Arijit Mukherji and Nandini Rajagopalan provided excellent research assistance. We are grateful to librarians at the Patee Library of Penn State University for allowing us to use their proxy database.
Corporate Capital Structure, Agency Costs, and Ownership Control: The Case of All-Equity Firms
Article first published online: 30 APR 2012
1990 The American Finance Association
The Journal of Finance
Volume 45, Issue 4, pages 1325–1331, September 1990
How to Cite
AGRAWAL, A. and NAGARAJAN, N. J. (1990), Corporate Capital Structure, Agency Costs, and Ownership Control: The Case of All-Equity Firms. The Journal of Finance, 45: 1325–1331. doi: 10.1111/j.1540-6261.1990.tb02441.x
- Issue published online: 30 APR 2012
- Article first published online: 30 APR 2012
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