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Agency Problems in Financer Deals: Results and Discussion

  • Kay H. Hofmann
Chapter
Part of the Markt- und Unternehmensentwicklung / Markets and Organisations book series (MAU)

Abstract

In this section I focus on the principal agent relationship between a film project’s initiator and an external financer. Although financers have helped to fund independent motion pictures, I restrain the analysis to the mass market by considering only films that have been released by a major or mini-major distributor in the domestic market and furthermore exclude all projects that have been produced exclusively by one or multiple independent production firms (i.e. without the involvement of a studio or a mini-major).

Keywords

Moral Hazard Adverse Selection Motion Picture External Financers Negative Cost 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Fachmedien Wiesbaden 2013

Authors and Affiliations

  • Kay H. Hofmann
    • 1
  1. 1.StuttgartGermany

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