Tests of determinants of optimal capital structure

This paper provides an examination of the relationship between capital structure and a number of firm characteristics. A synopsis of the theory and evidence on capital structure to date is provided. A model is developed which posits that capital structure is positively related to liquidity, firm siz...

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Bibliographic Details
Main Author: Portman, Nicholas Francis
Language:English
Published: 2010
Online Access:http://hdl.handle.net/2429/23546