search query: @author Leibowitz, M.L. / total: 5
reference: 5 / 5
« previous | next »
| Author: | Leibowitz, M.L. Kogelman, S. Lindberg, E.B. |
| Title: | A shortfall approach to the creditor's decision: how much leverage can a firm support |
| Journal: | Financial Analysts' Journal
1990 : MAY/JUNE, VOL. 46:3, p. 43-52 |
| Index terms: | GEARING DEBT FINANCING CASH FLOW |
| Language: | eng |
| Abstract: | Assessment of debt-capacity decision related to the adequacy of a firm's cash flows to support debt financing. After-tax returns for leverage and unleveraged firms. Volatility on returns and shortfall model. Risk- -return for leveraged firms. Tax-free investors. Multiple layers of debt. 11 Figures illustrate the study. |
« previous | next »
SCIMA