%0 Journal Article
%T Agency Dynamics in Corporate Finance
%A Bart M. Lambrecht
%A Stewart C. Myers
%J -
%D 2016
%R 10.1146/annurev-financial-121415-032937
%X We describe a framework for analyzing the dynamics of investment, borrowing, and payout decisions by public corporations. We assume that managers act entirely in their own long-run interests, subje..
%U https://www.annualreviews.org/doi/abs/10.1146/annurev-financial-121415-032937