2. Explain the mean reversion of capital structure. What is the difficulty of conducting econometric research on

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2. Explain the mean reversion of capital structure. What is the difficulty of conducting econometric research on mean reversion? What is the problem with taking a firm’s historical average debt-to-equity ratio as its target debt-to-equity ratio?

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Capital Structure And Corporate Financing Decisions Theory Evidence And Practice

ISBN: 9780470569528

1st Edition

Authors: H. Kent Baker, Gerald S. Martin

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Question Posted: Oct 25, 2024 05:02 AM

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2. Explain the mean reversion of capital structure. What is the difficulty of conducting econometric research on

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Capital Structure And Corporate Financing Decisions Theory Evidence And Practice

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