haku: @author Goldstein, R. / yhteensä: 3
viite: 2 / 3
| Tekijä: | Goldstein, R. Ju, N. Leland, H. |
| Otsikko: | An EBIT-based model of dynamic capital structure |
| Lehti: | Journal of Business
2001 : OCT, VOL. 74:4, p. 483-512 |
| Asiasana: | CAPITAL STRUCTURE OF COMPANIES DEBT EARNINGS SHARE PRICES |
| Kieli: | eng |
| Tiivistelmä: | A model of dynamic capital structure is proposed. Even though the optimal strategy is implemented over an arbitrarily large number of restructuring-periods, a scaling feature inherent in the framework permits simple closed-form expressions to be obtained for equity and debt prices. |
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