Capital market imperfections definition
capital market imperfections view Definition A theory that a firm's optimal capital structure measured in debt against equity may not be beneficial unless asymmetric information, asymmetric taxes and transaction costs are taken into consideration.How can the answer be improved? capital market imperfections definition
What are capital market imperfections? Restrictions in capital markets that limit the amount of financial contracts that can be signed by agents are labelled as imperfections. Contracts that contain limitations that prevent them from be carried out are also labelled this way.