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Firms, contracts, and financial structure Oliver Hart
Publisher: OUP

Regional authorities to restrict the range of activities or structure of banking. For those interested in the economics of contracting: Oliver Hart, Firms, Contracts and Financial Structure (1995). Firms, Contracts, and Financial Structure. But if the trigger is the firm's capital ratio dipping below a high threshold, the bond is in fact for recovery not for handling abject distress. In a footnote on page 5 of his 1995 book "Firms Contracts and Financial Structure" Oliver Hart wrote,. If, at the other end of the spectrum, the trigger is falling below a low capital ratio,. I take Oliver Hart's position in his 1995 book on “Firms, Contracts and Financial Structure” and use the terms “power” “authority” and “residual rights of control” interchangeably. Like: Extensive list of legal and financial experts worldwide. Herbet Simon, "A Formal Theory of the Employment Relationship," Econometrica, July 1951. FIRMS CONTRACTS AND FINANCIAL STRUCTURE on English sites. Those measures need to be taken without the world slipping into a hard-to-reverse balkanisation of the international financial system.