haku: @indexterm dividend policy / yhteensä: 136
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| Tekijä: | Fan, H. Sundaresan, S.M. |
| Otsikko: | Debt valuation, renegotiation, and optimal dividend policy |
| Lehti: | Review of Financial Studies
2000 : WINTER, VOL. 13.4, p. 1057-1099 |
| Asiasana: | DEBT DIVIDEND POLICY EQUITIES VALUATION |
| Kieli: | eng |
| Tiivistelmä: | The valuation of debt and equity, reorganization boundaries, and firm's optimal dividend policies are studied in a framework where the authors model strategic interactions between debt holders and equity holders in a game-theoretic setting which can accommodate varying bargaining powers to the two claimants. Two formulations of reorganization are presented: debt-equity swaps and strategic debt service resulting from negotiated debt service reductions. |
SCIMA