{"id":"W2260692258","doi":"","title":"Debt Versus Dividend Commitments with Simultaneous Moral Hazard and Adverse Selection","year":2003,"lang":"en","type":"article","venue":"SSRN Electronic Journal","topic":"Corporate Finance and Governance","field":"Business, Management and Accounting","cited_by":0,"is_retracted":false,"has_abstract":true,"ca_institutions":"University of Waterloo","funders":"","keywords":"Adverse selection; Moral hazard; Incentive; Debt; Dividend; Flexibility (engineering); Shareholder; Business; Cash flow; Cash; Actuarial science; Economics; Corporate governance; Finance; Microeconomics","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.01144263,0.0008299312,0.0009498427,0.0004997039,0.0007589021,0.003133638,0.00147956,0.002494719,0.005979117],"category_scores_gemma":[0.04271052,0.0005044698,0.0007855087,0.0005314752,0.003546915,0.004370464,0.003452631,0.004025268,0.0003429915],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.001117541,"about_ca_system_score_gemma":0.001685829,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.0007471446,"about_ca_topic_score_gemma":0.0006297613,"domain_scores_codex":[0.9942898,0.002885647,0.000295067,0.0007322281,0.0009899208,0.0008074006],"domain_scores_gemma":[0.9412991,0.03595616,0.01279416,0.0059801,0.001440119,0.002530448],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"theoretical_or_conceptual","study_design_gemma":"theoretical_or_conceptual","study_design_scores_codex":[0.001395526,0.0005772426,0.01720564,0.0003442459,0.0002924584,0.0008892183,0.0009266257,0.1517094,0.008347983,0.7453594,0.00135434,0.07159785],"study_design_scores_gemma":[0.0004907615,0.000797922,0.007584426,0.00006794085,0.0001415614,0.0003507686,0.0002304975,0.2252992,0.003244175,0.7589247,0.002781669,0.0000864256],"study_design_candidate":"theoretical_or_conceptual","study_design_consensus":"theoretical_or_conceptual","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.6939998,0.0008325189,0.265146,0.003994167,0.0001984899,0.0001651135,0.0001520117,0.0001372828,0.03537451],"genre_scores_gemma":[0.9935099,0.0001024908,0.004168103,0.0001064534,0.00007189541,0.00002765531,0.00001168933,0.000006238115,0.001995471],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.01144263,"threshold_uncertainty_score":0.06051517,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.01191379260169619,"score_gpt":0.2087596455539451,"score_spread":0.1968458529522489,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}