Do Decision Makers' Debt-risk Attitudes Affect the Agency Costs of Debt?

Current Agriculture, Food & Resource Issues

G. Hailu, E. W. Goddard and S. R. Jeffrey

a larger and diversified sample of managers and directors? In order to explore the
implications of divergence in risk preference and attitude toward long-term borrowing,
simulation based on a multiple-criteria, multiple-DM model is proposed. A larger sample
size drawn from diverse co-operative types and structures would merit more confidence in
the representativeness of the results.

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