142 Pages
by
Routledge
142 Pages
by
Routledge
140 Pages
by
Routledge
Also available as eBook on:
Capital structure theory is one of the most dynamic areas of finance and forms the basis for modern thinking on the capital structure of firms. Much controversy has resulted from comparisons of the theory of capital structure originally developed by Franco Modigliani and Merton Miller to real-world situations. Two competing theories have emerged over the years, the optimal capital structure... Read more
Preface 1 Introduction Capital Structure Theory: An Overview 2 Capital Structure: Tests of Optimality vs. Pecking Order Theory 3 Tests of Capital Structure Theory: A Binomial Approach 4 The Determinants of Capital Structure 5 Capital Structure and Market Power 6 New Stock Offerings and Stockholders' Returns 7 Capital Structure and Executive Compensation 8 Debt Financing and Ownership Structure 9 Capital Structure and Firm Profitability: NYSE and NASDAQ Firms 10 Capital Structure and Firm Profitability: NYSE and AMEX Firms 11 Summary and Conclusions Bibliography Index
Biography
Arvin Ghosh
