The following scenario relates to Q46-50. A meeting was conducted by the board of directors of Brocade Co to discuss the balance of equity & debt financing. The following statements were made by the d...
How Firm Characteristics Affect Capital Structure
Chapter 1 Introduction Financing decisions are integral to the value creation of the firm. According to financial theories a variety of financing decisions impact the welfare of the firm. Capital stru...
Study of the capital structure and corporate performance on the listed company in China
1. Introduction (brief introduction) The trade-off theory suggests an optimal mix of debt and equity for a firm to make the cost of capital structure minimum. There are a lot of empirical studies to ...