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The Substitution of Capital for Capital
The Review of Economics and Statistics, 1971A LTHOUGH homogeneous capital stocks remain a frequent construct in growth theory and the literature on production relations, economists have not missed the fact that trucks are not lathes. Thus considerable effort has gone into specifying the conditions under which aggregation is conceptually permissible.1 Recently, the aggregation of capital services
Boddy, Raford, Gort, Michael
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2021
Law and Society as a field and set of scholarly practices does not typically address abstract terms such as capital and capitalism. Both terms have an accumulated history, a politics, and a developed and engaged scholarly literature. This chapter suggests that studying lawyer/agent/brokers is essential to see the role of law in relation to capitalism ...
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Law and Society as a field and set of scholarly practices does not typically address abstract terms such as capital and capitalism. Both terms have an accumulated history, a politics, and a developed and engaged scholarly literature. This chapter suggests that studying lawyer/agent/brokers is essential to see the role of law in relation to capitalism ...
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Algorithmica, 1996
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Yossi Azar +5 more
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zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Yossi Azar +5 more
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Social Capital and Capital Structure
SSRN Electronic Journal, 2020I demonstrate that in the context of a Modigliani-Miller-type model that a firm financing social capital and physical capital will favor equity financing over debt financing without bankruptcy. With bankruptcy, debt financing will be used, but equity financing will be favored by firms that use large amounts of social capital, as it will increase their ...
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THE CAPITAL STRUCTURE AND THE COST OF CAPITAL: COMMENT
The Journal of Finance, 1970IN A RECENT Journal article [1] Haim Ben-Shahar presented a theory of the firm's capital structure from the standpoint of the return-risk framework of investor behavior. He conducts his analysis under "the constraint that the investor has the opportunity to invest his own capital with any proportion of borrowed capital, either in one stock or in a ...
Litzenberger, Robert H, Jones, Charles P
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2018
The chapter summarizes the nature of capital and capitalism. The chapter also highlights concepts related to the role of the State in economic activity, and the nature of industrial policy. The initial concepts dealt with are that of capital as a fund, capital as structure and capital as capabilities.
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The chapter summarizes the nature of capital and capitalism. The chapter also highlights concepts related to the role of the State in economic activity, and the nature of industrial policy. The initial concepts dealt with are that of capital as a fund, capital as structure and capital as capabilities.
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2006
International financial centres have come to represent a major economic stake. Yet no historical study has been devoted to them. Professor Cassis, a leading financial historian, attempts to fill this gap by providing a comparative history of the most important centres that constitute the capitals of capital - New York, London, Frankfurt, Paris, Zurich,
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International financial centres have come to represent a major economic stake. Yet no historical study has been devoted to them. Professor Cassis, a leading financial historian, attempts to fill this gap by providing a comparative history of the most important centres that constitute the capitals of capital - New York, London, Frankfurt, Paris, Zurich,
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Intellectual capital and the capital market: the circulability of intellectual capital
Accounting, Auditing & Accountability Journal, 2003This paper argues that intellectual capital and intangible assets are difficult resources for two different reasons. First, intellectual capital and intangibles assets are not (yet) disentangled by the institutions of the capital markets, and therefore they are not (yet) translatable with any degree of confidence into predictions about stock price ...
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