The Agency Cost of Alternative Debt Instruments (Classic Reprint) - Hardcover

Antonio Mello

Hardcover

ISBN 10: 0666358036 ISBN 13: 9780666358035

Publisher: Forgotten Books, 2018

Synopsis

Explore how commodity‑linked debt can shift a firm’s risk and financing power.

This book presents a rigorous way to value a firm and its liabilities when agency costs shape decisions. It shows how new debt instruments can broaden what a company can safely borrow, and when they do or don’t help.

• Learn how traditional models miss key links between capital structure and management actions.
• See how contingent claims and agency theory combine to measure the value of different debt designs.
• Discover when commodity‑linked bonds can increase a firm’s debt capacity and improve outcomes for equity holders.
• Understand the practical steps researchers use to compare bond types and assess real‑world applicability.

Ideal for readers of corporate finance who want a deeper, model‑based look at debt design and firm value.

Edition details

• Publisher: Forgotten Books
• Publication date: 2018
• Language: English
• ISBN 10: 0666358036
• ISBN 13: 9780666358035
• Binding: Hardcover
• Number of pages: 42