Ownership and Asymmetric Information Problems in the Corporate Loan Market
Author | : Lewis Gaul |
Publisher | : CreateSpace |
Total Pages | : 32 |
Release | : 2015-01-01 |
ISBN-10 | : 150531030X |
ISBN-13 | : 9781505310306 |
Rating | : 4/5 (306 Downloads) |
Download or read book Ownership and Asymmetric Information Problems in the Corporate Loan Market 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. 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.