Results 251 to 260 of about 1,221,754 (308)

Antimicrobial stewardship and the antibiotic market: why "Reserve" drugs require new economic models. [PDF]

open access: yesTher Adv Drug Saf
Castellana E   +4 more
europepmc   +1 more source

Contingent capital, capital structure and investment

The North American Journal of Economics and Finance, 2015
We examine the interaction between investment and financing policies in a dynamic model for a firm with existing assets-in-place and a growth option, of which investment cost is financed with equity and contingent convertible bond (CoCo). We attempt to clarify how CoCo impacts on investment timing, capital structure and the inefficiencies arising from ...
Yingxian Tan, Zhaojun Yang
openaire   +1 more source

Social Capital and Capital Structure

SSRN Electronic Journal, 2020
I 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 ...
openaire   +2 more sources

Empirical corporate capital structure

SSRN Electronic Journal, 2022
Corporate capital structure has been a key, challenging puzzle for finance for more than 50 years. Why do firms use the observed financing methods? The literature has developed useful ideas and a much-improved sense of the relevant facts to solve this puzzle.
Frank, Murray, Goyal, Vidhan
openaire   +2 more sources

Capital Structure

2007
Abstract Debt is bad, right? Persons who have not studied economics, particularly the economics of finance, are likely to agree that debt is bad. While it may sometimes be necessary for a firm to borrow money to finance a new project, clearly the sooner the debt is paid off, the wealthier the firm’s shareholders will be. For a particular
openaire   +2 more sources

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