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Author:Graham, J. R.
Harvey, C. R.
Title:The theory and practice of corporate finance: evidence from the field
Journal:Journal of Financial Economics
2001 : MAY-JUN, VOL. 60:2-3, p. 187-243
Index terms:Capital structure of companies
Capital costs
Discount rate
Valuation
Language:eng
Abstract:The authors survey 392 CFOs about the cost of capital, capital budgeting, and capital structure. Large firms rely heavily on present value techniques and the capital asset pricing model, while small firms are relatively likely to use the payback criterion.
SCIMA record nr: 223164
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