Results 251 to 260 of about 9,435,066 (302)

Reassess of capital structure theories [PDF]

open access: yes, 2013
This study presents a review of major capital structure fiction. Capital structure decision is important for companies because it helps to increase firm value by ensuring that the company has enough resources to carry out planned investments using as much as possible the cheapest cost of capital.
Datta, Rajib   +2 more
core   +3 more sources

A Theory of Corporate Capital Structure and Investment [PDF]

open access: possibleReview of Financial Studies, 2003
This article uses a general equilibrium framework to explore the origins and limitations of financial intermediaries. In the model, investors have a generic lending technology that they can improve at a cost. Those who upgrade become intermediaries to exploit their advantage. However, conflicts with depositors will limit the banks' market presence, and
openaire   +1 more source

THEORY OF THE CAPITAL STRUCTURE OF THE FIRM*

The Journal of Finance, 1959
I. INTRODUCTION IN BOTH ECONOMICS AND finance there hardly exists a complete model of the optimum capital structure of the firm. Many of the concepts needed to construct such a model are available in the literature, but in most cases the authors have been content to set up and use only such partial constructs as would serve their larger purposes.' The ...
openaire   +1 more source

Errata: The Theory of Capital Structure

The Journal of Finance, 1992
In the article "The Theory of Capital Structure," by Milton Harris and Artur Raviv (The Journal of Finance, March 1991, vol. 46, no. 1, pp. 297-355) there is an error in Tables IV, V, and VII concerning the description of results reported in "The Investment-Financing Nexus: Some Empirical Evidence," by Michael Long and Ileen Malitz (Midland Corporate ...
Milton Harris, Artur Raviv
openaire   +1 more source

CAPITAL STRUCTURE AND ITS THEORIES

Journal of Pharmaceutical Negative Results, 2023
The phrase capital structure refers to the sum of all long-term funding sources. These long-term sources of funding include equity share capital, reserves and surplus, preference share capital, loans, and debentures. A corporation must decide how much of its own funds and outside funds, particularly debt financing, it should have.
openaire   +1 more source

Screening, Market Signalling, and Capital Structure Theory [PDF]

open access: possibleThe Journal of Finance, 1983
ABSTRACTThis paper develops an equilibrium model in which informational asymmetries about the qualities of products offered for sale are resolved through a mechanism which combines the signalling and costly screening approaches. The model is developed in the context of a capital market setting in which bondholders produce costly information about a ...
Lee, Wayne L   +2 more
openaire   +1 more source

Capital Structure: Theory and Evidence

SSRN Electronic Journal, 2015
In this paper, we develop and test empirically a model of capital structure. We show analytically that the square of 1 minus the debt ratio (total debt divided by total assets) is positively associated with the inverse of total assets and negatively associated with the log of total assets divided by the square of total assets. Empirical results using U.
Nalinaksha Bhattacharyya   +1 more
openaire   +1 more source

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