Home > Term: Asset substitution problem
Asset substitution problem
Arises when the stockholders substitute riskier assets for the firm's existing assets and expropriate value from the debtholders.
- Besedna vrsta: noun
- Industrija/področje: Financial services
- Category: General Finance
- Company: Bloomberg
0
Avtor
- Harry8L
-
(V.I.P) 574128 points - 100% positive feedback
(London, United Kingdom)
