WiFi base stations are increasingly deployed in both public spaces and private companies, and the increase in their density poses a significant threat to the privacy of connected users. Prior studies have provided evidence that it is possible to infer the ...
We develop a dynamic tradeoff model to examine the importance of managershareholder conflicts in capital structure choice. In the model, firms face taxation, refinancing costs, and liquidation costs. Managers own a fraction of the firms equity, capture par ...