Acquisition Values and Optimal Financial (In)Flexibility

Ulrich Hege and Christopher Hennessy ()

No 878, HEC Research Papers Series from HEC Paris

Abstract: In this paper, the authors analyze optimal financial structure for an incumbent and potential entrant accounting for feedback effects in secondary asset markets.

Keywords: Financial Flexibility; Market Entry; Acquisition; Exit Values; Predation; Financial Contracting; Product Market Competition (search for similar items in EconPapers)
JEL-codes: G32 G34 (search for similar items in EconPapers)
Pages: 50 pages
Date: 2007-10-01
New Economics Papers: this item is included in nep-bec, nep-com and nep-mic
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http://www.hec.fr/var/fre/storage/original/applica ... 2de3896802d6744a.pdf (application/pdf)

Related works:
Working Paper: Acquisition values and optimal financial (in)flexibility (2011)
Journal Article: Acquisition Values and Optimal Financial (In)Flexibility (2010)
Working Paper: Acquisition Values and Optimal Financial (In)Flexibility (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:ebg:heccah:0878

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