The max EPS Paradigm for Corporate Finance
收藏NBER2026-03-01 更新2026-03-28 收录
下载链接:
https://www.nber.org/papers/w34971
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资源简介:
There are three classic problems in corporate finance: capital structure, real investment, and payout policy. In three companion papers, we characterize the max EPS solution to each one. The max EPS approach delivers an optimal leverage ratio even in the absence of frictions, an investment rule
提供机构:
美国国家经济研究局
创建时间:
2026-03-01



