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Dynamics in Corporate Leverage Behaviour: A panel data analysis - Champika Liyanagamage

englanti
2011-07-27
60,22 € 92,64 €

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Toimitus 15-21 arkipäivässä

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An appropriate capital structure is a vital decision for any business firm in achieving its objectives. The decision is important not only to optimize returns or benefits to various stakeholders of the firm, but also due to the impact such a decision will have on an organization¿s ability to deal with its competitive environment. Therefore, capital structure is an ongoing debate in corporate finance, which ... Täydellinen kuvaus

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An appropriate capital structure is a vital decision for any business firm in achieving its objectives. The decision is important not only to optimize returns or benefits to various stakeholders of the firm, but also due to the impact such a decision will have on an organization¿s ability to deal with its competitive environment. Therefore, capital structure is an ongoing debate in corporate finance, which concerns specifically the question of whether there is an optimum capital structure so as to maximize the value of the firm. A common theme in this strand of the literature is that the actual and the desired (or optimal) leverage may not be equal at any time because of market disturbances. This book, therefore, provides a new insight of the behaviour of corporate leverage and dynamic adjustment process of firm¿s capital structure. The analysis would, specially, useful to the leveraged firms, financial authorities of leveraged and non leveraged firms and any one else firms of whom are considering changing capital structures.

Lisätietoja

Kirjoittaja Champika Liyanagamage
Julkaisija LAP LAMBERT Academic Publishing
Julkaisuvuosi 2011
Kannen tyyppi Pehmeäkantinen
EAN 9783844388862
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Arvostelet: Dynamics in Corporate Leverage Behaviour: A panel data analysis
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60,22 € 92,64 €