Les Cahiers de Recherche - HEC Paris
Acquisition Values and Optimal Financial (In)Flexibility
() and Christopher Hennessy
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; (follow links to similar papers)
JEL-Codes: G32; G34; (follow links to similar papers)
50 pages, October 1, 2007
Before downloading any of the electronic versions below
you should read our statement on
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Full text versions of the paper:
Questions (including download problems) about the papers in this series should be directed to Sandra Dupouy ()
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Design Joakim Ekebom