LEADER 02874nam 2200589Ia 450 001 9910438094403321 005 20200520144314.0 010 $a1-283-90938-3 010 $a3-658-00787-7 024 7 $a10.1007/978-3-658-00787-4 035 $a(CKB)2670000000279769 035 $a(EBL)1083056 035 $a(OCoLC)819816618 035 $a(SSID)ssj0000799465 035 $a(PQKBManifestationID)11429312 035 $a(PQKBTitleCode)TC0000799465 035 $a(PQKBWorkID)10763755 035 $a(PQKB)11312815 035 $a(DE-He213)978-3-658-00787-4 035 $a(MiAaPQ)EBC1083056 035 $a(PPN)168330814 035 $a(EXLCZ)992670000000279769 100 $a20121130d2013 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aCo-financing Hollywood film productions with outside investors $ean economic analysis of principal agent relationships in the U.S. motion picture industry /$fKay H. Hofmann ; foreword by Christian Opitz 205 $a1st ed. 2013. 210 $aWiesbaden $cSpringer Gabler$dc2013 215 $a1 online resource (171 p.) 225 1 $aMarkets and organisations 300 $aDescription based upon print version of record. 311 $a3-658-00786-9 320 $aIncludes bibliographical references. 327 $aThe Business of Motion Picture Production and Distribution -- Co-Financing Film Projects with External Investors -- Principal Agent Problems in Co-Financing Relationships -- Empirical Investigation of Adverse Selection and Moral Hazard -- Managerial Implications and Developments in the Co-Financing Market. 330 $aCo-financing arrangements in which investors from outside the motion picture industry become co-owners of the completed films are a common phenomenon in Hollywood. Kay H. Hofmann analyzes the conflicts of interest and the organizational problems that may arise between the experienced major studios and investors with comparably low industry expertise. Guided by principal agent theory, the empirical analysis provides evidence for adverse selection and moral hazard. Based on his findings, the author develops solutions that are not only relevant for investors but also for film producers who rely on the long-term availability of external funds. 410 0$aGabler research.$pMarkets and organisations. 606 $aMotion picture industry$zCalifornia$zLos Angeles$xFinance 606 $aCapitalists and financiers 615 0$aMotion picture industry$xFinance. 615 0$aCapitalists and financiers. 676 $a344 700 $aHofmann$b Kay H$01063098 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910438094403321 996 $aCo-Financing Hollywood Film Productions with Outside Investors$92530612 997 $aUNINA