Examlex
Under-investment problems refers to the problem that equity holders prefer not to invest in positive-NPV projects in highly levered firms because ________.
Guilty
A state of having committed a specific offense or violation, often associated with legal culpability or moral responsibility.
Altruism
The selfless concern for the well-being of others without expecting any reward.
Companionate Love
A deep, affectionate attachment characterized by mutual respect, attachment, and commitment, generally found in long-term relationships.
Social Exchange Theory
A social psychological and sociological perspective that explains social change and stability as a process of negotiated exchanges between parties.
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