The theory of capital structure is one of the most exciting and complex topics in corporate finance. After many years of debate it is still extremely difficult to provide a conclusive answer to the question which capital structure maximises the value of a company and what factors determine the optimal mix of debt and equity capital.
This book provides a comprehensive introduction to capital structure theory and investigates its practical relevance in the German market. The main objectives are to explore the link between capital structure theory and corporate practice and to test determinants of capital structure choice empirically.
The book has been written for students, researchers, and academics, but also for practitioners seeking empirical evidence of capital structure theory and an empirical model that can be used to estimate the optimal level of debt for an individual company in relation to an existing industry optimum.
Benjamin Friedrich
Benjamin Friedrich is currently a postgraduate student at the University of Hamburg (International Business Administration) and the University of Cambridge (Management Studies). He pursued his undergraduate studies in Frankfurt and Birmingham and received a B.A. in CSiB (Business and Finance) from the University of Central England in Birmingham (2004). His main interests are Finance including Financial Theory and Financing Strategy and Strategic Management including Operations Management and Corporate Strategy.
Lieferzeit
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Lieferzeit 2-3 Werktage.
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Seitenzahl |
180
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Erscheinungsdatum |
19.09.2005
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Typ |
Paperback
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Sprache |
Englisch
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Reihe |
Frankfurter Schriften zu Banking and Finance
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Format |
21,0 cm x 15,0 cm
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E-Book-Format |
PDF
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E-Book DRM |
Digital Rights Management - Wasserzeichen
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ISBN
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978-3-89821-539-8
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Gewicht
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265 g
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