Matches in DBpedia 2015-10 for { <http://dbpedia.org/resource/Trade-off_theory_of_capital_structure> ?p ?o }
Showing triples 1 to 52 of
52
with 100 triples per page.
- Trade-off_theory_of_capital_structure abstract "The trade-off theory of capital structure refers to the idea that a company chooses how much debt finance and how much equity finance to use by balancing the costs and benefits. The classical version of the hypothesis goes back to Kraus and Litzenberger who considered a balance between the dead-weight costs of bankruptcy and the tax saving benefits of debt. Often agency costs are also included in the balance. This theory is often set up as a competitor theory to the pecking order theory of capital structure. A review of the literature is provided by Frank and Goyal.An important purpose of the theory is to explain the fact that corporations usually are financed partly with debt and partly with equity. It states that there is an advantage to financing with debt, the tax benefits of debt and there is a cost of financing with debt, the costs of financial distress including bankruptcy costs of debt and non-bankruptcy costs (e.g. staff leaving, suppliers demanding disadvantageous payment terms, bondholder/stockholder infighting, etc.). The marginal benefit of further increases in debt declines as debt increases, while the marginal cost increases, so that a firm that is optimizing its overall value will focus on this trade-off when choosing how much debt and equity to use for financing.".
- Trade-off_theory_of_capital_structure thumbnail TradeOff.png?width=300.
- Trade-off_theory_of_capital_structure wikiPageExternalLink 1929-7092.2013.02.8.
- Trade-off_theory_of_capital_structure wikiPageExternalLink cart?view=product&id=1477.
- Trade-off_theory_of_capital_structure wikiPageID "10538024".
- Trade-off_theory_of_capital_structure wikiPageLength "5005".
- Trade-off_theory_of_capital_structure wikiPageOutDegree "25".
- Trade-off_theory_of_capital_structure wikiPageRevisionID "678403323".
- Trade-off_theory_of_capital_structure wikiPageWikiLink Absence_of_the_optimal_capital_structure.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Agency_cost.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Agency_costs.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Asset_pricing.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Bankruptcy_costs_of_debt.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Capital_structure.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Capital_structure_substitution_theory.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Category:Corporate_finance.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Corporate_finance.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Cost_of_capital.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Debt.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Equity_(finance).
- Trade-off_theory_of_capital_structure wikiPageWikiLink Eugene_Fama.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Ivo_Welch.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Kenneth_French.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Marginal_benefit.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Marginal_cost.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Marginal_utility.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Market_timing_hypothesis.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Mathematical_optimization.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Merton_Miller.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Optimization_(mathematics).
- Trade-off_theory_of_capital_structure wikiPageWikiLink Ownership_equity.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Pecking_order_theory.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Pecking_order_theory_of_capital_structure.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Stewart_Myers.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Tax_benefits_of_debt.
- Trade-off_theory_of_capital_structure wikiPageWikiLink Valuation_(finance).
- Trade-off_theory_of_capital_structure wikiPageWikiLink File:TradeOff.png.
- Trade-off_theory_of_capital_structure wikiPageWikiLinkText "Trade-off theory of capital structure".
- Trade-off_theory_of_capital_structure wikiPageWikiLinkText "Trade-off theory".
- Trade-off_theory_of_capital_structure wikiPageWikiLinkText "trade-off theory of capital structure".
- Trade-off_theory_of_capital_structure hasPhotoCollection Trade-off_theory_of_capital_structure.
- Trade-off_theory_of_capital_structure wikiPageUsesTemplate Template:Corporate_finance_and_investment_banking.
- Trade-off_theory_of_capital_structure wikiPageUsesTemplate Template:Reflist.
- Trade-off_theory_of_capital_structure subject Category:Corporate_finance.
- Trade-off_theory_of_capital_structure comment "The trade-off theory of capital structure refers to the idea that a company chooses how much debt finance and how much equity finance to use by balancing the costs and benefits. The classical version of the hypothesis goes back to Kraus and Litzenberger who considered a balance between the dead-weight costs of bankruptcy and the tax saving benefits of debt. Often agency costs are also included in the balance.".
- Trade-off_theory_of_capital_structure label "Trade-off theory of capital structure".
- Trade-off_theory_of_capital_structure sameAs m.02qh5p1.
- Trade-off_theory_of_capital_structure sameAs Q17145939.
- Trade-off_theory_of_capital_structure sameAs Q17145939.
- Trade-off_theory_of_capital_structure wasDerivedFrom Trade-off_theory_of_capital_structure?oldid=678403323.
- Trade-off_theory_of_capital_structure depiction TradeOff.png.
- Trade-off_theory_of_capital_structure isPrimaryTopicOf Trade-off_theory_of_capital_structure.