Ownership and Asymmetric Information Problems in the Corporate Loan Market
Download or Read eBook Ownership and Asymmetric Information Problems in the Corporate Loan Market PDF written by Lewis Gaul and published by CreateSpace. This book was released on 2015-01-01 with total page 32 pages. Available in PDF, EPUB and Kindle.
| Author | : Lewis Gaul |
| Publisher | : CreateSpace |
| Total Pages | : 32 |
| Release | : 2015-01-01 |
| ISBN-10 | : 150531030X |
| ISBN-13 | : 9781505310306 |
| Rating | : 4/5 (0X Downloads) |
Book Synopsis Ownership and Asymmetric Information Problems in the Corporate Loan Market by : Lewis Gaul
Book excerpt: In credit markets, asymmetric information problems arise when borrowers have private information about their creditworthiness that is not observable by lenders. If these informational asymmetries do not negatively affect lenders' profitability, then they are irrelevant to lenders.
