An increase in bank loans increases the size of managerial perks and free cash flow.
An increase in bank loans increases the size of managerial perks and free cash flow.
在我国，债务融资非但没有提升公司治理，反而扩大了经理的代理成本。
An increase in bank loans increases the size of managerial perks and free cash flow.
在我国，债务融资非但没有提升公司治理，反而扩大了经理的代理成本。