감시유인은 부채이자비용에 유의적인 음의 영향을 미쳐, 감시유인이 커질수록 부채이자비용이 낮아지는 것으로 나타났다.
The monitoring incentive has a significant negative effect on the debt interest cost, and it was found that the larger the monitoring incentive, the lower the debt interest cost.