A literature review of the trade−off theory of capital structure
Starting with Modigliani and Miller theory of 1958, capital structure has attracted a lot of attention from different scholars. The main question that they raised where: How do firms choose their capital structure or leverage? Does firm have a target capital structure? What are the main firm’s speci...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Felix-Verlag
2013-06-01
|
Series: | ILIRIA International Review |
Subjects: | |
Online Access: | http://iliriapublications.org/index.php/iir/article/view/103 |