Released: V.9, N4

M. A. Limitovsky. Debt Market: Supermarket Or Bazaar? The Remark on R. G. Ibragimov «Effect of Nonmarket Debt Financing on the Cost of Capital and Firm Value»

V.6, N1, 2008

This article represents the reply on the article named Ibragimov R. G. «Effect of Nonmarket Debt Financing on the Cost of Capital and Firm Value» published in Vol. 5, No. 1 of the Russian Management Journal where the model of subsidized debt financing was proposed. Here the author argues against this model.