Relevant bibliographies by topics / Optimum capital structure

Contents

  1. Journal articles
  2. Dissertations / Theses
  3. Books
  4. Book chapters
  5. Conference papers
  6. Reports

Academic literature on the topic 'Optimum capital structure'

Author: Grafiati
Published: 4 June 2021
Last updated: 8 February 2022

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the lists of relevant articles, books, theses, conference reports, and other scholarly sources on the topic 'Optimum capital structure.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Journal articles on the topic "Optimum capital structure"

1

Ghosh, Dilip K. "Optimum Capital Structure Redefined." Financial Review 27, no. 3 (August 1992): 411–29. http://dx.doi.org/10.1111/j.1540-6288.1992.tb01325.x.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Suryani, Ani Wilujeng, and Alfin Nadhiroh. "Intellectual Capital and Capital Structure Effect on Firms’ Financial Performances." Journal of Accounting Research, Organization and Economics 3, no. 2 (August 31, 2020): 127–38. http://dx.doi.org/10.24815/jaroe.v3i2.17258.

Full text
Abstract:
Objective – This study aims to determine the influence of intellectual capital and capital structure on financial performance in manufacturing companies in Indonesia. Design/methodology – The data were collected from all 140 manufacturing companies from 2015 to 2019. While most studies of intellectual capital were conducted by using multiple regression analysis, we investigate the impact of intellectual capital and capital structure on the financial performance by using weighted least square regression.Results – The results showed that intellectual capital has a significant positive effect on firms’ financial performances, but the capital structure has a negative effect. The results of this study are beneficial for managers to consider increasing intellectual capital to create a competitive advantage in the midst of fierce competition of the ASEAN Economic Community era. In addition, managers need to consider the optimum capital structure to fulfill funding needs, hence financial distress can be minimized.Limitation/Suggestion - This study is a quantitative study limited to the availability of the data. Also, a number of outliers were found in the data and treated prior to the analysis.
APA, Harvard, Vancouver, ISO, and other styles
3

Sibindi, Athenia Bongani. "Determinants of capital structure: A literature review." Risk Governance and Control: Financial Markets and Institutions 6, no. 4 (2016): 227–37. http://dx.doi.org/10.22495/rcgv6i4c1art13.

Full text
Abstract:
The financing decision is one of the most important imperative in corporate finance. Financial directors have to grapple with question—what is the optimum level of debt versus equity to employ in order to fund the operations of a firm? The present article seeks to unravel the evolution of capital structure theory from both theoretical and empirical perspectives. The major contending theories of capital structure as well as their predictions are considered. It is demonstrated that there are reliably important firm level attributes that determine the capital structures of firms. The article also compares and contrasts the findings of empirical studies on capital structure that have been conducted in developing countries to those that have been conducted in the developed world. Arguably, developing countries’ financial markets lack sophistication and this might curtail the companies from adjusting to their desired target debt ratios. In the final analysis it is demonstrated that the similarities in financing patterns between the developed countries and the emerging markets far outweigh the disparities.
APA, Harvard, Vancouver, ISO, and other styles
4

Kewal, Suramaya Suci. "Optimum Capital Structure Adjustment Speed on Companies Listed in Indonesia Stock Exchange." Jurnal Economia 15, no. 1 (April 15, 2019): 60–68. http://dx.doi.org/10.21831/economia.v15i1.23226.

Full text
Abstract:
AbstractThis study examines the existence of adjustments in the speed of the company's capital structure to achieve an optimal capital structure in accordance with the dynamics of trade-off and other factors affecting the company's capital structure adjustment. The optimal capital structure is estimated by using several variables, namely tangibility, firm size, profitability, liquidity, asset utilization, and business risk. The factors used to predict the optimal capital structure adjustment speed in this study are the distance between the capital structure and the optimal capital structure and financial deficit. The data analysis technique in this study is multiple linear regression with a significance level of 5%. The obtained results indicate that companies on the IDX are adjusting towards the optimal capital structure. The speed of adjustment is 0.128 so it can be concluded that the company's adjustment remains below its optimal debt level. The test results also prove that distance and financial deficit/surplus have no influence on the company's capital structure adjustment speed. Keywords: capital structure, dynamics trade offKecepatan Penyesuaian Struktur Modal Optimal Perusahaan di Bursa Efek IndonesiaAbstrakPenelitian ini menguji keberadaan penyesuaian kecepatan struktur modal perusahaan menuju ke struktur modal optimal sesuai dengan dynamics trade off dan faktor-faktor yang mempengaruhi kecepatan penyesuaian struktur modal optimal perusahaan. Struktur modal optimal diestimasi dengan menggunakan beberapa variabel yaitu tangibility, firm size, profitability, liquidity, asset utilization, dan business risk. Faktor-faktor yang digunakan untuk menduga kecepatan penyesuaian struktur modal optimal pada penelitian ini adalah jarak antara struktur modal dengan struktur modal optimal (distance) dan financial deficit/surplus. Teknik analisis data yang digunakan pada penelitian ini adalah regresi linier berganda dengan tingkat signifikansi sebesar 5%. Hasil yang diperoleh menunjukkan perusahaan-perusahaan di BEI melakukan penyesuaian menuju struktur modal optimal. Kecepatan penyesuaian sebesar 0,128 sehingga dapat disimpulkan bahwa perusahaan-perusahaan melakukan penyesuaian masih di bawah tingkat hutang optimalnya. Hasil pengujian juga membuktikan bahwa tidak terdapat pengaruh distance dan financial deficit/surplus terhadap kecepatan penyesuaian struktur modal perusahaan. Kata Kunci: struktur modal, dynamics trade off
APA, Harvard, Vancouver, ISO, and other styles
5

Rani, Neelam, Surendra S. Yadav, and Naliniprava Tripathy. "Capital structure dynamics of Indian corporates." Journal of Advances in Management Research 17, no. 2 (November 11, 2019): 212–25. http://dx.doi.org/10.1108/jamr-12-2017-0125.

Full text
Abstract:
Purpose The purpose of this paper is to examine the capital structure determinants and speed of adjustment (SOA) toward the target capital structure of firms. Design/methodology/approach The study has used the generalized method of moments (GMM) model and two-stage least squares (TSLS) to the panel data of 3,310 Indian firms, from January 2000 to March 2018, to determine the adjustment speed toward target capital structure. Further, the study employed a fully modified ordinary least square technique to shed light on the dynamic nature of the adjustment process. Findings The results of the GMM estimations indicate that Indian firms are adjusting their capital structure toward the target rate of 10.38 percent per year. Similarly, the findings of TSLS estimate specify a SOA of 15.49 percent per year. The low adjustment speed suggests the prevalence of higher adjustment costs of Indian firms. Research limitations/implications Future research can be undertaken by including certain macroeconomic factors such as GDP, inflation and the interest rate, which also affect the SOA since firms are pretentious by market conditions while designing capital structure for firms. Practical implications In the current financial and regulatory set-up when there are frequent perturbations in the capital market, the study will be valuable for regulators, firms and academicians. The work would enable the concerned stakeholders to manage their scare resources and capital effectively by a better way to make informed decisions. It will facilitate managers of young companies to identify and regulate the factors that are more pertinent for them to make flexible financial decisions concerning the capital structure. Originality/value The study amplifies on previous studies and provides new insights on the speed of the adjustment process of Indian firms, helping to modify and refine their capital structures toward the optimum capital structure. This will not only enhance the financial flexibility in the capital structure of Indian corporates but also be of great value to the policymakers and other stakeholders.
APA, Harvard, Vancouver, ISO, and other styles
6

Shibru, W/Michael, Hamdu Kedir, and Yonas Mekonnen. "Factors Affecting the Financing Policy of Commercial Banks in Ethiopia." International Journal of Research in Business and Social Science (2147-4478) 4, no. 2 (April 22, 2015): 44–53. http://dx.doi.org/10.20525/ijrbs.v4i2.25.

Full text
Abstract:
Determining the optimal capital structure is one of the most fundamental policy decisions faced by financial managers. Since optimal debt ratio influences firm’s value, different firms determine capital structures at different levels to maximize the value of their firms. Thus, this study examines the relationship between leverage and firm specific (profitability, tangibility, growth, risk, size and liquidity) determinants of capital structure decision, and the theories of capital structure that can explain the capital structure of banks in Ethiopia. In order to investigate these issues a mixed method research approach is utilized, by combining documentary analysis and in-depth interviews. More specifically, the study uses twelve years (2000 - 2011) data for eight banks in Ethiopia. The findings show that profitability, size, tangibility and liquidity of the banks are important determinants of capital structure of banks in Ethiopia. However, growth and risk of banks are found to have no statistically significant impact on the capital structure of banks in Ethiopia. In addition, the results of the analysis indicate that pecking order theory is pertinent theory in Ethiopian banking industry, whereas there are little evidence to support static trade-off theory and the agency cost theory. Therefore, banks should give consideration to profitability, size, liquidity and tangibility when they determine their optimum capital structure.
APA, Harvard, Vancouver, ISO, and other styles
7

T. Lemma, Tesfaye, and Minga Negash. "Determinants of the adjustment speed of capital structure." Journal of Applied Accounting Research 15, no. 1 (May 6, 2014): 64–99. http://dx.doi.org/10.1108/jaar-03-2012-0023.

Full text
Abstract:
Purpose – The purpose of this paper is to examine the role of institutional, macroeconomic, industry, and firm characteristics on the adjustment speed of corporate capital structure within the context of developing countries. Design/methodology/approach – The authors considers a sample of 986 firms drawn from nine developing countries in Africa over a period of ten years (1999-2008). The study develops dynamic partial adjustment models that link capital structure adjustment speed and institutional, macroeconomic, and firm characteristics. The analysis is carried out using system Generalized Method of Moments procedure which is robust to data heterogeneity and endogeneity problems. Findings – The paper finds that firms in developing countries do temporarily deviate from (and partially adjust to) their target capital structures. Our results also indicate that: more profitable firms tend to rapidly adjust their capital structures than less profitable firms; the effects of firm size, growth opportunities, and the gap between observed and target leverage ratios on adjustment speed are functions of how one measures capital structure; and adjustment speed tends to be faster for firms in industries that have relatively higher risk and countries with common law tradition, less developed stock markets, lower income, and weaker creditor rights protection. Research limitations/implications – Future research should focus on examination of the adjustment speed of debt maturity structure. Identification of industry-specific characteristics that affect the pace with which firms adjust their capital structure to the optimum is another possible avenue for future research. Practical implications – Our findings have practical implications for corporate managers, governments, legislators, and policymakers. Originality/value – The study focuses on firms in developing countries for which the literature on adjustment speed of capital structure is virtually non-existent. Furthermore, unlike previous works on capital structure, it explicitly models industry variable as one of the determinants of adjustment speed. Therefore, it contributes to the literature on capital structure and adjustment speed in general and to the literature on developing countries in particular.
APA, Harvard, Vancouver, ISO, and other styles
8

Ferdous, Lutfa T. "Capital Structure Theories in Finance Research: A Historical Review." Australian Finance & Banking Review 3, no. 1 (April 1, 2019): 11–19. http://dx.doi.org/10.46281/afbr.v3i1.244.

Full text
Abstract:
Capital structure in one of the most converse and vital issues in the finance literature. This theoretical review of capital structure provides a synthesis of the theory utilised in capital structure literature. This theoretical review explains two categories of theories that examine the optimum capital structure of a firm. Functional market theories, which propose firms conduct share transaction without being used transaction costs and ii) costly transaction theories. The first group consists of the original capital structure theories of Modigliani and Miller (1958, 1963), Miller (1977), and De Angelo and Masulis (1980). The second range of theories captures the various effects of costly capital market transactions: Pecking Order Theory" accredited to Donaldson (1961); the debt capacity theories that depend on bankruptcy to limit a firm's use of debt financing (Robicheck and Myers, 1966) the agency models developed by Jensen and Meckling (1976), Myers (1977), Smith and Warner (1979); and signalling model by Ross (1977). Recent capital structure literature explored into an analytical structure building up the major contributions starting with the development of agency and bankruptcy theory. These theories are connected with the outcome from financing choices to real debt-equity decisions. Finally, we finish our review with established studies that explore the significances of leverage- equity relationship, as well as its determinants.
APA, Harvard, Vancouver, ISO, and other styles
9

Charisma, Bryan, and Encep Amir. "Economic Value-Added Creation by Optimizing Capital Structure in Project Finance." International Journal of Applied Research in Management and Economics 3, no. 2 (December 30, 2020): 46–60. http://dx.doi.org/10.33422/ijarme.v3i2.446.

Full text
Abstract:
Infrastructure Projects are large investment by the public and/or private sector that required enormous financial resource commitment to build physical asset and facilities needed for economic development so that the company need project financing to support with. Project finance is based on debt repayment from project companies’ revenue and not on the sponsors or the developer’s balance sheet, so the project companies should assure the cash flow is sufficient for debt repayment and dividend payment. Beside that investors still have to analyze the value created in that project with highest positive Economic Value Added. Net Operating Profit After Tax (NOPAT) need to cover cost of invested capital to create value so that the ratio of NOPAT to total Project Cost (Return on Invested Capital) is should be more than the weighted average cost of capital (WACC). The capital structure doesn’t have an optimum weight and cost as long as the Return on Invested Capital (ROIC) higher than WACC.
APA, Harvard, Vancouver, ISO, and other styles
10

Kvasnitska, R. S. "PRACTICAL ASPECTS OF FORMATION OF THE OPTIMUM STRUCTURE OF CAPITAL OF THE ENTERPRISES." Financial and credit activity: problems of theory and practice 2, no. 23 (December 30, 2017): 140–47. http://dx.doi.org/10.18371/fcaptp.v2i23.121462.

Full text
APA, Harvard, Vancouver, ISO, and other styles
More sources

Dissertations / Theses on the topic "Optimum capital structure"

1

Churaňová, Klára. "Management financování dynamického růstu malé firmy." Master's thesis, Vysoká škola ekonomická v Praze, 2008. http://www.nusl.cz/ntk/nusl-10992.

Full text
Abstract:
The objective of my final thesis was to choose, based upon findings and profitability assessments of each type of financing, a suitable financing of growth of the W.A.G, mineral fuels, Inc., the society which operates the project of unmanned filling-stations Tank & Go. In my thesis, I describe types of financing, the ways of gaining financial sources, the changes in legal form of entrepreneurship, the forms of cooperation as well as the state assistance to the entrepreneurs. Consequently, in the practical research, I evaluate the suitability of these types of financing to the project Tank & Go in accordance with the criteria given by the owner of the society as well as with its financial structure.
APA, Harvard, Vancouver, ISO, and other styles
2

Lahiani, Mohamed. "The capital structure puzzle: On the existence of an optimal capital structure." CSUSB ScholarWorks, 2003. https://scholarworks.lib.csusb.edu/etd-project/2350.

Full text
Abstract:
Corporate finance researchers have long been puzzled by low corporate debt ratios given debt's corporate tax advantage. What makes the capital structure debate especially intriguing is that the different theories represent such different, and in some ways almost diametrically opposed, decision-making processes.
APA, Harvard, Vancouver, ISO, and other styles
3

Vanerová, Michaela. "Strategie financování podniku." Master's thesis, Vysoké učení technické v Brně. Fakulta podnikatelská, 2008. http://www.nusl.cz/ntk/nusl-221667.

Full text
Abstract:
In my study for the Master´s thesis "Corporate Financial Strategy " I expain terms, such as enterprise financing and its structure, long and short-term financing, external, internal and alternative financing optimum financial structure and its costs.This all I applicated in the study where try to asses the fianancial structura and financing of real company. I analyse the ways how to secure the company´s liquidity and solvency, financial equilibrium and healt by means of the financial analysis of the activity and results of the company.
APA, Harvard, Vancouver, ISO, and other styles
4

Salazar, Manuel. "La optimización de la estructura de capital de la empresa: un modelo práctico de trade-off y su validación empírica." Doctoral thesis, Universitat de Lleida, 2012. http://hdl.handle.net/10803/96530.

Full text
Abstract:
Presentació d'un nou model de "Trade-Off" d'estructura òptima de capital d'una empresa. La innovació consisteix a incloure una simplificació de la fórmula de distància a la fallida de Merton (1974) realitzada per Bystrom (2006), per a determinar la taxa d'interès de l'empresa. D'aquest mode s'inclou un efecte dinàmic del palanquejament sobre la taxa d'interès, la qual cosa afecta el cost del deute i la taxa de descompte utilitzada i que s'expressa com un increment o disminució de la probabilitat de fallida de l'empresa. A l'unir aquest resultat a la pèrdua i valor de bons "ferralla" (publicat per Altman & Suresh, 2007), s'obté l'actual valor net del cost de fallida que es manifesta com a percentatge del valor del deute. El model desenvolupat s'ha aplicat a les empreses que van integrar al 2007 el DJIA, que calcula nivells estimats de deute per a aquestes empreses entre l'any 1996 i l'any 2006. Posteriorment, el deute estimat s'acara amb el deute real de l'empresa amb l'ús de la prova estadística de Mann-Whitney. Els resultats obtinguts indiquen que el 63% de les companyies comparades no mostren una diferència estadísticament significativa entre el deute estimat i el real.
We introduce a new Trade-Off model of capital structure. the innovation introduced is a simplification of Merton's (1974) distance to bankruptcy done by Bystrom(2006), to calculate the company's interest rate. Thus we include a dynamic effect of leverage on the interest rate, which affects both the cost of debt and de discount rate of the model. when we add this to the discounted value of distressed bonds (published by Altman & Suresh, 2007), we get the net present value of the cost of bankruptcy as a percentage of the value of the debt. We applied the model to the companies in the DJIA in 2007, calculating estimated debt levels for each company between the years of 1996 and 2006. the estimated debt was then compared with the actual debt using the Mann-Whitney statistical test. The results indicated that, on 63% of the compared companies, there is no statistically significant difference between the estimated debt and the actual debt.
Presentamos un nuevo modelo de “Trade-Off” de estructura óptima de capital de una empresa. La innovación consiste en incluir una simplificación de la fórmula de distancia a la quiebra de Merton (1974) realizada por Bystrom (2006), para determinar la tasa de interés de la empresa. Así incluimos un efecto dinámico del apalancamiento sobre la tasa de interés, el cual afecta al coste de la deuda y a la tasa de descuento utilizada expresándose como un incremento o disminución de la probabilidad de quiebra de la empresa. Al unir este resultado a la perdida e valor de bonos “chatarra” (publicado por Altman & Suresh, 2007), obtenemos el valor presente neto del coste de quiebra expresado como porcentaje del valor de la deuda. El modelo desarrollado es aplicado a las empresas que integraron en el 2007 el DJIA, calculando niveles estimados de deuda para dichas empresas entre el año 1996 y el año 2006. La deuda estimada es luego comparada con la deuda real de la empresa utilizando la prueba estadística de Mann-Whitney. Los resultados obtenidos indican que el 63% de las compañías comparadas no muestran una diferencia estadísticamente significativa entre la deuda estimada y la real.
APA, Harvard, Vancouver, ISO, and other styles
5

Arici, Erdem. "Optimal Capital Structure For Build-operate-transfer Power Projects." Master's thesis, METU, 2003. http://etd.lib.metu.edu.tr/upload/1051887/index.pdf.

Full text
Abstract:
Observing the deficiencies of traditional methods in meeting the demands of today&rsquo
s infrastructure development has been motivating countries towards privatization of these sectors. However, due to the differences in these sectors as compared to other businesses, privatization can not be performed without strict regulations. Today, concession agreements like BOT models seem the best way for solving the problems. Financing of concession agreements plays a key role. In Turkey, most BOT projects are financed by capital structure that has a maximum debt ratio, which is allowed by the law. The objective of this study is to examine whether the maximum amount of debt ratio is the optimum amount of debt ratio. Optimization is carried out by analyzing the trade off between benefits of tax shield and the loss due to financial failure as a result of change in leverage, assuming other things are the same. A theoretical framework is developed for the analysis by selecting Adjusted Present Value Method as a financial tool. Energy generation sector in Turkey is analyzed, stock market data in Turkey is used for the analysis, and a bankruptcy prediction model is proposed for BOT projects in Turkey. Finally, by using the theoretical framework, an actual BOT model hydro electric power plant proposal is analyzed for optimization of capital structure.
APA, Harvard, Vancouver, ISO, and other styles
6

Georgiadis, Vasilis. "Optimal capital structure of deep sea foreign freight transportation companies." Thesis, Massachusetts Institute of Technology, 2014. http://hdl.handle.net/1721.1/90803.

Full text
Abstract:
Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, Engineering Systems Division, System Design and Management Program, 2014.
Cataloged from PDF version of thesis.
Includes bibliographical references (page 46).
This thesis aims to understand the optimal leverage range for shipping companies (maritime foreign freight transportation companies - SIC 4412), through data analysis. This study confirms that in a traditional industry like shipping, the Market value-leverage curve is very similar to the theoretical curve, as proposed by traditional capital structure theories. In comparison to other industries, the trend shows that there is allowance for more debt in shipping, since the optimal capital structure is reached in relatively higher values. Between shipping companies, the study shows that the most definitive factor in determining the optimal leverage is the company type (type of ships owned), and somewhat the year range the company operated. Contrary to other industries, company size does not seem to play a major role in shipping. Data analysis using pure plays (groups of very similar companies) reels trend lines with higher accuracy, indicating the optimal leverage range of certain types of shipping companies. The most consistent result is that for tanker shipping companies, where the optimal leverage range is 65-75%.
by Vasilis Georgiadis.
S.M. in Engineering and Management
APA, Harvard, Vancouver, ISO, and other styles
7

Perez, Giovanni. "Essays on Capital Structure of Nations." ScholarWorks@UNO, 2018. https://scholarworks.uno.edu/td/2539.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

Sundararajan, Satheesh Kumar. "Project performance-based optimal capital structure for privately financed infrastructure projects." College Park, Md. : University of Maryland, 2004. http://hdl.handle.net/1903/1942.

Full text
Abstract:
Thesis (Ph. D.) -- University of Maryland, College Park, 2004.
Thesis research directed by: Civil Engineering. Title from t.p. of PDF. Includes bibliographical references. Published by UMI Dissertation Services, Ann Arbor, Mich. Also available in paper.
APA, Harvard, Vancouver, ISO, and other styles
9

湯任彌 and Yum-li Benjamin Tong. "Financing schemes for investment in China: identifying the optimal capital structure." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1989. http://hub.hku.hk/bib/B31264499.

Full text
APA, Harvard, Vancouver, ISO, and other styles
10

Tong, Yum-li Benjamin. "Financing schemes for investment in China : identifying the optimal capital structure /." [Hong Kong] : University of Hong Kong, 1989. http://sunzi.lib.hku.hk/hkuto/record.jsp?B12718452.

Full text
APA, Harvard, Vancouver, ISO, and other styles
More sources

Books on the topic "Optimum capital structure"

1

Atkeson, Andrew. A dynamic theory of optimal capital structure and executive compensation. Cambridge, MA: National Bureau of Economic Research, 2005.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
2

DeMarzo, Peter M. A continuous-time agency model of optimal contracting and capital structure. Cambridge, MA: National Bureau of Economic Research, 2004.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
3

Thompson, R. S. Corporate asset market extensions and the optimal capital structure: A note. Nottingham: University of Nottingham, Centre for Management Buy-Out Research, 1989.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
4

DeMarzo, Peter M. A continuous-time agency model of optimal contracting and capital structure. Cambridge, Mass: National Bureau of Economic Research, 2004.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
5

Ericsson, Jan. Credit risk in corporate securities and derivatives: Valuation and optimal capital structure choice. Stockholm: EFI, The Economic Research Institute, 1997.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
6

Oum, Tae Hoon. Capital structure and socially optimal capacity in oligopoly: The case of airline industry. Kowloon, Hong Kong: City University of Hong Kong, Department of Economics and Finance, 1997.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
7

Chen, Andrew H. The optimal capital structure decision of depository financial intermediaries: A contingent claim analysis. [Urbana, Ill.]: College of Commerce and Business Administration, University of Illinois at Urbana-Champaign, 1986.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
8

Epstein, Richard A. Optimal Constitutional Structure. Edited by Francesco Parisi. Oxford University Press, 2017. http://dx.doi.org/10.1093/oxfordhb/9780199684250.013.43.

Full text
Abstract:
The optimal constitution is classical liberal in form with a commitment to private property and limited government. These principles are not absolutes, and must yield to the need for the public control of force, fraud, and monopoly. This distribution of public and private rights is best understood by comparison to organizations like corporations and planned unit developments. This chapter identifies the mechanisms that corporate organizers and property developers use to attract and keep outside capital, noting the role structural protections and protections for individual rights. It examines how these mechanisms carry over to political institutions along two key axes—one dealing with the difference between unitary and federalist systems, and the other between presidential and parliamentary systems. It concludes that developing any general theory about the structural constitution as regards individual rights depends on the size, shape, and ethnic and regional differences within the polity.
APA, Harvard, Vancouver, ISO, and other styles
9

Nengjiu, Ju, and National Bureau of Economic Research., eds. Horses and rabbits?: Optimal dynamic capital structure from shareholder and manager perspectives. Cambridge, Mass: National Bureau of Economic Research, 2002.

Find full text
APA, Harvard, Vancouver, ISO, and other styles

Book chapters on the topic "Optimum capital structure"

1

Schauten, Marc B. J., and Jaap Spronk. "Optimal Capital Structure." In Applied Optimization, 405–23. Berlin, Heidelberg: Springer Berlin Heidelberg, 2010. http://dx.doi.org/10.1007/978-3-540-92828-7_14.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Porras, Eva R. "The Optimal Capital Structure." In The Cost of Capital, 193–224. London: Palgrave Macmillan UK, 2011. http://dx.doi.org/10.1057/9780230297678_7.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Dhankar, Raj S. "Optimal Capital Structure and Investment Decisions." In Capital Markets and Investment Decision Making, 197–210. New Delhi: Springer India, 2019. http://dx.doi.org/10.1007/978-81-322-3748-8_12.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Yanagi, Ryohei. "Optimal Dividend Policy Based on Optimal Capital Structure." In Corporate Governance and Value Creation in Japan, 141–66. Singapore: Springer Singapore, 2018. http://dx.doi.org/10.1007/978-981-10-8503-1_6.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Zhang, Zhiqiang. "Tax Shield, Bankruptcy Cost and Optimal Capital Structure." In Finance – Fundamental Problems and Solutions, 71–108. Berlin, Heidelberg: Springer Berlin Heidelberg, 2013. http://dx.doi.org/10.1007/978-3-642-30512-2_5.

Full text
APA, Harvard, Vancouver, ISO, and other styles
6

Bystryakov, Alexandr Y., Tatiana K. Blokhina, Elena V. Savenkova, Oksana A. Karpenko, and Elena V. Ponomarenko. "Modelling an Optimal Capital Structure of the Telecommunication Company." In Advances in Dependability Engineering of Complex Systems, 79–88. Cham: Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-59415-6_8.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

Van Der Wijst, D. "On the Robustness of Models of Optimal Capital Structure." In Modelling for Financial Decisions, 229–45. Berlin, Heidelberg: Springer Berlin Heidelberg, 1991. http://dx.doi.org/10.1007/978-3-642-76761-6_16.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

Hart, Oliver. "Theories of Optimal Capital Structure: A Managerial Discretion Perspective." In Economics in a Changing World, 204–35. London: Palgrave Macmillan UK, 1996. http://dx.doi.org/10.1007/978-1-349-25168-1_10.

Full text
APA, Harvard, Vancouver, ISO, and other styles
9

Chen, Sheng-Syan, Cheng-Few Lee, and Han-Hsing Lee. "Alternative Methods to Determine Optimal Capital Structure: Theory and Application." In Handbook of Quantitative Finance and Risk Management, 933–51. Boston, MA: Springer US, 2010. http://dx.doi.org/10.1007/978-0-387-77117-5_60.

Full text
APA, Harvard, Vancouver, ISO, and other styles
10

Cvitanić, Jakša, and Jianfeng Zhang. "An Application to Capital Structure Problems: Optimal Financing of a Company." In Contract Theory in Continuous-Time Models, 115–34. Berlin, Heidelberg: Springer Berlin Heidelberg, 2013. http://dx.doi.org/10.1007/978-3-642-14200-0_7.

Full text
APA, Harvard, Vancouver, ISO, and other styles

Conference papers on the topic "Optimum capital structure"

1

Agazzani, A., and A. F. Massardo. "A Tool for Thermoeconomic Analysis and Optimization of Gas, Steam and Combined Plants." In ASME 1996 International Gas Turbine and Aeroengine Congress and Exhibition. American Society of Mechanical Engineers, 1996. http://dx.doi.org/10.1115/96-gt-479.

Full text
Abstract:
The aim of this work is to demonstrate the capability of an original “modular” simulator tool for the thermoeconomic analysis of thermal-energy systems. The approach employed is based on the Thermoeconomic Functional Analysis (T.F.A.) which, through definition of the “functional productive diagram“ and the establishment of the capital cost function of each component, allows the marginal costs and the unit product costs, i.e. the “internal economy“, of the functional exergy flows to be obtained in correspondence to the optimum point. The optimum design of the system is obtained utilizing a traditional optimization technique which includes both physical structure of the energy system described in terms of thermodynamic variables and cost model (capital cost of the components, maintenance and amortization factors, unit fuel cost, unit electricity cost, etc.). As an application example to show the practicability of the tool, the thermoeconomic analysis of various complex multi-pressure combined cycles (with or without steam reheating) is carried out. The results are analyzed and discussed in depth.
APA, Harvard, Vancouver, ISO, and other styles
2

Spuch akova, Erika, and Juraj Cug. "Optimal Capital Structure of the Enter-prise." In 2013 International Conference on Information, Business and Education Technology (ICIBET-2013). Paris, France: Atlantis Press, 2013. http://dx.doi.org/10.2991/icibet.2013.91.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Jaros, Jaroslav. "OPTIMAL CAPITAL STRUCTURE AS A TOOL OF COMPANY COMPETITIVENESS." In SGEM 2014 Scientific SubConference on POLITICAL SCIENCES, LAW, FINANCE, ECONOMICS AND TOURISM. Stef92 Technology, 2014. http://dx.doi.org/10.5593/sgemsocial2014/b22/s6.067.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Wu, Yanyan. "The Empirical Analysis for Determination of Optimal Capital Structure." In 2010 International Conference of Information Science and Management Engineering. IEEE, 2010. http://dx.doi.org/10.1109/isme.2010.164.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Nirbaya, Marita Putri, and Ahmad Danu Prasetyo. "Optimal Capital Structure for Indonesian State-Owned Electricity Company." In The 2nd International Conference on Inclusive Business in the Changing World. SCITEPRESS - Science and Technology Publications, 2019. http://dx.doi.org/10.5220/0008436007290737.

Full text
APA, Harvard, Vancouver, ISO, and other styles
6

Luty, Piotr, Ilona Fałat-Kilijańska, and Roman Vavrek. "The Optimal Capital Structure for Polish Acquiring Companies – The Production Sector." In FINIZ 2018. Belgrade, Serbia: Singidunum University, 2018. http://dx.doi.org/10.15308/finiz-2018-10-14.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

Pilvere-Javorska, Aija, Irina Pilvere, and Baiba Rivza. "Company capital structure’s theoretical framework: historical assessment and trends in the 21st century." In Research for Rural Development 2020. Latvia University of Life Sciences and Technologies, 2020. http://dx.doi.org/10.22616/rrd.26.2020.028.

Full text
Abstract:
Company capital is essential in running business and creating value added for the stakeholders, including economy. How the view on company’s capital structure has evolved from theoretical perspective in the 20th century is needed to be assessed, in order to determine what concepts and theories, if any are relevant in the 21st century. Many theories have competed their way and transformed during the 20th century, while some, i.e. trade-off, signaling and stakeholder theories are still relevant in the 21st century. There are also new trends in the 21st century, new terms and quests shifting from determining and analysing optimal company’s capital structure to sustainable finance, taxonomy and also sustainability in capital structure. Therefore, the aim of this research: to establish existing main theories impacting and analyzing company’s capital structure and to examine the theoretical shift of the theories based on the needs in the 21st century. Authors defined company’s capital structure and determined that during the years 1989–2020, number of research publications has grown significantly, thus validating the need to reassess theoretical background of capital structure theories in the 20th century, as well as to help to determine the trends still relative and emerging from the theoretical and practical aspects to company’s capital structure in the 21st century.
APA, Harvard, Vancouver, ISO, and other styles
8

Wu, Jiahui. "Optimal Capital Structure and Corporate Performance:The Case of Information Technology Industrial Companies in China." In International Conference on Economics and Management Innovations (ICEMI). Volkson Press, 2017. http://dx.doi.org/10.26480/icemi.01.2017.159.161.

Full text
APA, Harvard, Vancouver, ISO, and other styles
9

Bracanović, Slobodan N. "SOME FACTORS OF CONTEMPORARY FINANCIAL BUSINESS OPERATIONS." In Sixth International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2020. http://dx.doi.org/10.31410/limen.2020.207.

Full text
Abstract:
Contemporary forms of funding business entities are developed. Financial instruments of the capital market are built. Optimal financial strategies and tactical-operational activities are a necessity. Financial managerial management and decision-making structures are of special significance. Financial capital is dominant in contemporary conditions. A credit-monetary policy is an important economic policy system.
APA, Harvard, Vancouver, ISO, and other styles
10

Jian-cheng, Du, Han Xi-shuang, Shi Ping-mei, and Ge Jiao-ju. "Determine optimal capital structure for metro PPP projects to reduce financial risks: Theory and empirical analysis." In 2013 International Conference on Management Science and Engineering (ICMSE). IEEE, 2013. http://dx.doi.org/10.1109/icmse.2013.6586555.

Full text
APA, Harvard, Vancouver, ISO, and other styles

Reports on the topic "Optimum capital structure"

1

Atkeson, Andrew, and Harold Cole. A Dynamic Theory of Optimal Capital Structure and Executive Compensation. Cambridge, MA: National Bureau of Economic Research, January 2005. http://dx.doi.org/10.3386/w11083.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

DeMarzo, Peter, and Yuliy Sannikov. A Continuous-Time Agency Model of Optimal Contracting and Capital Structure. Cambridge, MA: National Bureau of Economic Research, July 2004. http://dx.doi.org/10.3386/w10615.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Ju, Nengjiu, Robert Parrino, Allen Poteshman, and Michael Weisbach. Horses and Rabbits? Optimal Dynamic Capital Structure from Shareholder and Manager Perspectives. Cambridge, MA: National Bureau of Economic Research, November 2002. http://dx.doi.org/10.3386/w9327.

Full text
APA, Harvard, Vancouver, ISO, and other styles
You might also be interested in the extended bibliographies on the topic 'Optimum capital structure' for particular source types:
Journal articles Dissertations / Theses
We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!

To the bibliography