Summary production management Capital financing methods, bankruptcy costs, agent costs, changes in corporate value How to derive the optimal capital structure in the event of cost

Hello! My name is 'usesentence' This is a very good material, and I worked hard on it. The grammar may be somewhat wrong. But I have a lot of information. It will save you a lot of time when you write something. I'm sure it will inspire you a lot. Use a combination of sentences. Thank you. Have a nice day. Change in bankruptcy costs, agent costs, and corporate value Bankruptcy costs are costs incurred when an entity is overusing external capital, or debt. The company is said to be bankruptcy expense in all of the expenses incurred by the company as it fails to pay back the principal and interest of the debt in due course and leads to bankruptcy. Bankruptcy costs include both direct bankruptcy costs, such as attorney costs, accountant costs, and legal fees, and indirect bankruptcy costs that represent additional losses, such as deviations from key employees, sale of corporate assets below normal prices, high financial-cost loans, and a drop in sales. The existence of bankruptcy costs results in a significant decrease in corporate value, and in most cases, bankruptcy will appear years after debt use, so the present price of bankruptcy costs will be reduced as well. In addition, agent costs are costs incurred due to conflicting interests with the entity's principal and agent, with monitoring costs, corroborative costs, and residual losses. Surveillance costs refer to the costs borne by the agent to limit the divergence of a particular act from its interests, and the costs of confirmation are directly borne by the agent to ensure that the agent is not performing any acts that are detrimental to the principal. And the final residual loss creates a realistic gap between the decision-making of the agent and the best decision-making seen from the subject's point of view, which implies a decrease in the wealth the subject accepts. The generation of these agent costs also has a significant impact on the value of the entity.