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  • 标题:A REVIEW OF THE CAPITAL STRUCTURE THEORIES
  • 本地全文:下载
  • 作者:Popescu Luigi Visinescu Sorin
  • 期刊名称:Annals of the University of Oradea : Economic Science
  • 印刷版ISSN:1222-569X
  • 电子版ISSN:1582-5450
  • 出版年度:2009
  • 卷号:XVIII
  • 期号:03
  • 出版社:University of Oradea
  • 摘要:In this paper the authors survey capital structure theories, from the start-up point, which is considered Modigliani and Miller‟s capital structure irrelevance theorem, to recent theories, such as the pecking order and the market timing theory. For each type of model, a brief overview of the papers surveyed and their relation to each other is provided.
  • 关键词:capital structure, market timing, trade-off theory, leverage, debt, equity, agency costs
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