Capital Structure Puzzle
收藏NBER1984-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w1393
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资源简介：
This paper contrasts the "static tradeoff" and "pecking order" theories of capital structure choice by corporations. In the static tradeoff theory, optimal capital structure is reached when the tax advantage to borrowing is balanced, at the margin, by costs of financial distress. In the pecking
提供机构：
美国国家经济研究局
创建时间：
1984-07-01
