Kammoun, Chafik; Boujelbene, Younes - In: Acta Universitatis Danubius. OEconomica (2012) 2(2), pp. 27-33
This paper develops a model in which the interaction of Seniority of the C.E.O in the enterprise and the debt can be analyzed. Multiple securities arise as optimal in the model. This allows for a meaningful analysis of interaction effects between Seniority of the C.E.O in the enterprise and the...