Capital Structure Choice

Name: Capital Structure Choice
Brand: VDM Verlag Dr. Müller
SKU: 9783639180145
Price: 24060 HUF
Availability: InStock

Some Evidence from an Emerging Economy, India

Szerző: Saumitra N Bhaduri

Nyelv:

Kötés: Puha kötésű

Kiadó: VDM Verlag Dr. Müller

Elérhetőség: Kiadói készleten rendelésre

Küldés 17-27 napon belül

24 060 Ft

In a landmark paper Franco Modigliani and Merton Miller had demonstrated that in a typical neo- clas...

Információk a könyvről

Szerző

Saumitra N Bhaduri

Nyelv

Angol

Kötés

Könyv - Puha kötésű

Kiadva

2009

oldal

164

EAN

9783639180145

Enbook ID

06826242

Kiadó

VDM Verlag Dr. Müller

Súly

261

Méretek

150 x 220 x 10

Teljes leírás

In a landmark paper Franco Modigliani and Merton Miller had demonstrated that in a typical neo- classical set up the average cost of capital to any firm is completely independent of its capital structure. However, skepticism about practical force of invariance proposition and dramatic changes in conclusion dominated this arena of work. Nonetheless, a relatively small body of empirical work has emphasized the factors like size, rate of growth of firm s tangible asset, capital intensity, profitability, volatility of income and tax consideration in explaining the observed variation in capital structure across firms. Unfortunately this empirical research is by and large confined to the United States and a few advanced countries. Therefore, the book tries to fill this gap by answering many important questions like: How do the firms in Less Developed Countries (LDCs) finance their growth? To what extent do they rely on internal source of finance as opposed to the external sources of finance? These questions are not only important from a theoretical or academic standpoint but also from policy perspectives.

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Capital Structure Choice

Some Evidence from an Emerging Economy, India

Információk a könyvről

Teljes leírás

Érdekelheti

Azok a vásárlók, akik ezt a könyvet megvásárolták, a következőket is megvásárolták