The Capital Structure Puzzle: Another Look at the Evidence

被引：0

作者：

Barclay, Michael J. ^{[1
]}

Smith, Clifford ^{[1
]}

机构：

[1] Univ Rochester, William E Simon Sch Business Adm, Business Adm, Rochester, NY 14627 USA

来源：

JOURNAL OF APPLIED CORPORATE FINANCE | 2020年 / 32卷 / 01期

关键词：

CORPORATE; DETERMINANTS; COSTS; DEBT;

D O I：

暂无

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

A perennial debate in corporate finance concerns the question of optimal capital structure: Given a level of total capital necessary to support a company's activities, is there a way of dividing up that capital into debt and equity that maximizes current firm value? And, if so, what are the critical factors in setting the leverage ratio for a given company?

引用

页码：80 / 91

页数：12

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