A Theory of Optimal Capital Structure

Keywords

Economics, Capital structure, Mathematical economics, Neoclassical economics, Econometrics

References

• Capital Markets: Theory and EvidenceMichael C. Jensen — 1972
• Regulation of Natural Monopolies and the Fair Rate of ReturnHayne E. Leland — 1974
• Valuation Models in RegulationBlaine E. Davis, F.T. Sparrow — 1972
• Bankruptcy, firm valuation, and optimal capital structureJames H. Scott — 1975
• Some Aspects of the Pure Theory of Corporate Finance: Bankruptcies and Take-Overs: ReplyJoseph E. Stiglitz — 1972
• CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTIONFranco Modigliani, H Miller Merton — 1963
• On the Irrelevance of Corporate Financial PolicyJoseph E. Stiglitz — 1972
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• The Firm's Optimal Debt-Equity Combination and the Cost of CapitalWilliam J. Baumöl, Burton G. Malkiel — 1967
• Microeconomic Foundations of Employment and Inflation TheoryMalcolm R. Fisher, Edmund S. Phelps — 1970
• LEVERAGE, RISK OF RUIN AND THE COST OF CAPITAL*Nevins D. Baxter — 1967
• Taxation, corporate financial policy, and the cost of capital☆Joseph E. Stiglitz — 1973
• A State-Preference Model of Optimal Financial LeverageAlan Kraus, Robert H. Litzenberger — 1973
• DIVIDEND POLICY, GROWTH, AND THE VALUATION OF SHARESMerton H. Miller, Franco Modigliani — 1961
• BANKRUPTCY, SECURED DEBT, AND OPTIMAL CAPITAL STRUCTUREJames H. Scott — 1977
• Investment Decision Under Uncertainty: Applications of the State-Preference ApproachJack Hirshleifer — 1966
• Ruin Considerations and Debt IssuanceHarold Bierman, L. Joseph Thomas — 1972
• Problems in the Theory of Optimal Capital StructureAlexander A. Robichek, Stewart C. Myers — 1966
• PORTFOLIO ANALYSIS, MARKET EQUILIBRIUM AND CORPORATION FINANCERobert S. Hamada — 1969
• The Pattern of Corporate Financial Structure.T. M. R., Walter A. Chudson — 1945

Cited by

• Dividend Covenants and Income MeasurementFrøystein Gjesdal, Rick Antle — 2001
• Characteristics of Board of Directors and Cost of Debts: A Case of United Arab Emirates Listed CompaniesMuneer Rajab Awadh Aomrah — 2011
• Practices of Capital Structure Decisions: Malaysia Survey EvidenceFauzias Mat Nor, Khairunisah Ibrahim, Razali Haron — 2012
• Reinsurance and the Cost of Equity in the United Kingdom’s Non-Life Insurance MarketVineet Upreti — 2014
• PROJECT PERFORMANCE BASED OPTIMAL CAPITAL STRUCTURE FOR PRIVATELY FINANCED INFRASTRUCTURE PROJECTSSatheesh Kumar Sundararajan — 2004
• Capital Structure, Business Risk, and Default ProbabilitySjur Westgaard, Suzan Hol, Nico van der Wijst — 2007
• A Note on WACC Calculations in Practice: Incorrect Calculations Due to Unnecessary Inconsistent Assumptions on the Cost of DebtMatthias C. Grueninger — 2009
• Déterminants de la structure financière et réactions du marché boursier aux décisions de financement : cas des sociétés cotées à la bourse des valeurs de CasablancaSalah Eddine Kartobi — 2013
• The Indirect Costs of Financial Distress in IndonesiaWijantini Wijantini — 2007
• An analysis of the covered warrants market in the UKApinya Klinpratoom — 2010
• Do Inside Ownership and Leverage Share Common DeterminantsSusan Chaplinsky, Greg Niehaus — 1993
• La détresse financière des entreprises: trajectoire du déclin et traitement judiciaire du défautAgnès Fimayer — 2011
• To be or not to be (public) Using going private transactions to examine why flrms go public.Sreedhar T. Bharath, Amy K. Dittmar — 2006
• Financial crisis management : application to SMEs in AustraliaMohammed Aba Bulgu — 2005
• Determinants of target capital structure: evidence on South East Asia countries under dynamic frameworkRazali Haron, Khairunisah Ibrahim, F. M. Nor — 2011
• Capital Structure and Market Power Interaction: Evidence From MalaysiaI. M. Pandey — 2002
• The role and transparency of subsidies in SME financing: the Dutch situation describedNick Bakker — 2012
• Optimal Holding Company Organization and Capital Structure Under Constitutional GovernanceSankarshan Acharya — 2010
• Capital structure dynamics of US-based multinationals (MNCs) and domestic (DCs) firmsOmar Camara — 2012
• Organizational resources, industry membership, and firm performance: The role of capability formation and use in value creation for IPO-stage new venturesTimothy R. Holcomb — 2009

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