Financial Definition of Asset Substitution Problem
Meaning of Asset Substitution Problem
Arises when the stockholders substitute riskier assets for the firm’s existing assets and expropriate value from the debtholders.
Related Entries of Asset Substitution Problem in the Encyclopedia of Law Project
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Asset Substitution Problem in Historical Law
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Legal Abbreviations and Acronyms
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Asset Substitution Problem in the Dictionary | Asset Substitution Problem in our legal dictionaries |
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What is Asset Substitution Problem?
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