overcapalisation

Discussion on calculation method of loan capitalization;

借款费用资本化额计算方法探讨

In the case of capital limit, the inseparability of human capital increases agency cost while the absence of capital market efficiency decreases it.

在资本限额的条件下 ,一方面人力资本的不可分散性增加代理成本 ,另一方面资本市场的效率缺失降低代理成本。